European power prices surge amid gas rally and renewable volatility in March

Chart showing European power prices (€/MWh) across major markets including Germany, France, Spain and Italy from February to mid-March 2026, highlighting strong volatility and higher prices in southern Europe.

European power prices showed strong divergence in mid-March, driven by rising gas costs and shifting renewable output across key markets. Southern markets led gains while northern regions saw mixed or declining trends. European power prices displayed significant divergence during the second week of March, reflecting the combined impact of rising gas prices, changing renewable output and regional demand patterns. Most […]

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