European electricity prices weaken as falling gas prices reshape market dynamics

Fuels and CO2 prices chart showing trends in TTF gas, coal, Brent oil and EU ETS through early November 2025

European electricity prices weakened across most major markets in early November, reflecting the impact of sharply lower gas prices and strong renewable generation. TTF front-month gas fell to its lowest level since May 2024, supported by robust LNG supply, healthy Norwegian pipeline flows and mild temperatures that kept demand subdued. This easing in gas fundamentals fed directly into power markets, […]

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