European power prices ease as gas markets weaken
December 16, 2025
55 page report. Brief extract: On the gas market front, the COVID-19 pandemic struck in a context of oversupply. The arrival of COVID-19 and the lockdown measures pushed prices as low as €4/MWh. Significant falls in gas wholesale market prices followed in the second quarter of 2020 particularly in Belgium, France, Germany, Great Britain, Ireland, Lithuania and Portugal.
