European power prices fall as wind output rebounds after July heat wave

European electricity markets prices in euros per MWh across major European power markets

European power prices declined across major markets in the first week of July as cooler weather reduced demand after the late-June heat wave, while stronger wind energy production added further downward pressure on electricity prices. The fall was broad-based, with weekly average prices dropping across the main European electricity markets. France recorded the largest percentage decline, while Spain and Portugal […]

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