Europe and the coming global LNG oversupply
February 10, 2026
European electricity prices declined across most major markets at the start of February, even though average prices remained above €100/MWh in many countries. The sharpest falls were seen in the Iberian MIBEL market, which again decoupled from the rest of Europe, while Nordic and Italian prices fell more modestly. Lower gas and CO₂ prices, rising solar generation, and weaker electricity […]
