European power prices rise as TTF gas reaches highest level since January 2023

European electricity market prices across major European markets in August 2026

European power prices increased across most major markets in the third week of August as rising TTF gas and CO₂ prices combined with weaker solar generation. Spain, Portugal and Italy bucked the trend, where stronger wind output and lower electricity demand helped push prices down. The Nord Pool market recorded the strongest weekly increase, rising 82%, while Germany and the […]

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