European electricity markets

The week of February 15, the prices of all European electricity markets analysed at AleaSoft decreased compared to those of the previous week.

RELATED POSTS

Spain’s unprecedented power outage demonstrates energy system fragility

3 weeks ago

Gas and nuclear backed up the European power system amid the renewables shortfall

1 month ago

German power prices at a significant premium to neighbouring France

2 months ago

The largest drop in prices, of 27%, was that of the EPEX SPOT market of France, followed by that of the EPEX SPOT market of Germany, of 26%. On the other hand, the lowest price decrease, of 1.7%, was that of the IPEX market of Italy.

In the rest of the markets, the price drops were between 15% of the MIBEL market of Portugal and 25% of the EPEX SPOT market of Belgium.

In the third week of February, the highest weekly average price was that of the Italian market, of €57.60/MWh, followed by that of the N2EX market of UK, of €54.50/MWh.

While in the MIBEL market of Portugal and Spain the lowest averages were registered, of €20.78/MWh and €21.01/MWh, respectively.

In the rest of the markets, the prices were between €44.63/MWh of the Nord Pool market of the Nordic countries and €45.20/MWh of the French market.

On the other hand, the week of February 15, the MIBEL market continued to present the lowest daily prices in the analysed markets.

On Saturday, February 20, the lowest daily prices so far this month were registered, of €2.19/MWh in Spain and €2.02/MWh in Portugal.

On that day, hourly prices below €1/MWh were reached for twelve hours in Spain and for thirteen hours in Portugal.

The minimum hourly price of the week in these markets was €0.16/MWh, which corresponded to two hours of Monday, February 15, and seven hours of Saturday, February 20.

Source: Aleasoft

Follow on Twitter:

[tfws username=”AleaSoft_EN” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]