European power prices remain elevated despite cheaper TTF gas and rising wind output

Chart showing TTF gas, coal, Brent oil and CO₂ prices through November, illustrating fuel and carbon trends affecting European power prices.

European power prices remained unusually high in the week of November 25–29, with most major markets clearing above €95/MWh despite a sharp drop in gas benchmarks. TTF futures registered their lowest settlement since May 2024, yet power markets failed to follow, signalling ongoing tightness in fundamentals. AleaSoft reports that several markets — including Italy, Germany and the Netherlands — posted […]

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