Higher gas and CO2 prices driving European electricity market prices

demand-gas-CO2-drive-european-electricity-market-prices

European power prices rose in the second week of September as higher TTF gas (front-month >€32/MWh) and EUA CO2 (Dec-25 >€75/t, highest since February) lifted marginal generation costs. Volatility was notable: most weekly averages stayed below €75/MWh, yet Germany hit €142.45/MWh (daily) and €413.66/MWh (hourly), while France even printed single-digit daily averages amid renewable swings. Supply/demand factors—lower solar outside Iberia, […]

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