European power prices surge as wind output falls and TTF gas tops €100/MWh

European power prices across major electricity markets in late October 2026

European power prices rose sharply across all major markets in the final week of October as wind generation declined and gas and CO₂ prices increased. Spain and Portugal reached their highest daily prices since April 2022, while TTF gas futures moved above €100/MWh. The largest weekly increases were recorded in the Netherlands, up 74%, France at 73%, Germany at 70% […]

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