Gas still drives UK electricity prices despite renewables growth
February 17, 2026
European electricity prices trended downward across most major markets during the second week of February, although weekly averages remained above €90/MWh in many regions. The Iberian market continued to diverge from the rest of Europe, recording exceptionally low prices in several sessions, while the Nordic market registered the highest weekly averages, reaching levels not seen in years. Lower electricity demand […]
