European power prices rise above €100/MWh as wind output falls and demand increases

European electricity market prices across major European countries in July and early August 2026

European power prices increased across nearly all major markets in the final week of July, with most weekly averages exceeding €100/MWh. Lower wind generation and stronger electricity demand were the main drivers, while falling TTF gas prices offered only limited relief. Italy recorded the highest weekly average at €177.16/MWh, followed by Great Britain at €145.07/MWh, while the Nordic market remained […]

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