European power demand surges as heatwaves test generation

European electricity prices rise during heatwaves in France and Hungary, with sharp early-evening peaks

European power demand rose sharply during the June and July 2026 heatwaves, increasing by as much as 28% in Italy, 23% in Hungary, 14% in France and 13% in Spain. Record solar generation helped meet daytime demand, but constraints on gas-fired and other thermal generation, combined with declining solar output in the evening, contributed to tighter supply conditions, greater reliance […]

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