European power prices rise as heat wave drives demand across key markets

Chart showing European electricity market prices in June 2026 across Germany, France, Spain, Italy, Great Britain, Belgium, Netherlands, Portugal and Nord Pool

European power prices increased sharply in the final week of June as a heat wave lifted electricity demand across major markets. Lower wind generation in Germany and Italy, together with gas prices remaining above €40/MWh, also supported higher prices. European power prices rose across major markets in the fourth week of June as higher temperatures pushed electricity demand higher. Weekly […]

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