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Tag: electricity prices

EU ETS review concept showing industrial emissions, renewable energy, carbon market policy and energy security priorities in Europe.

EU ETS review puts Europe’s gas market at a political crossroads

German intraday electricity prices rising above €600/MWh during a heatwave as power demand increases and generation availability tightens.

Gas-fired generation helps stabilise European power markets during heatwave

Chart comparing Spain’s electricity prices and gas power costs during 2021–2022 and 2025–2026

Spain’s power market shows growing decoupling of electricity and natural gas prices

Line chart showing Dutch TTF front-month natural gas prices in €/MWh rising about 75% since January 2025–2026, with a sharp jump in 2026 (Source: IEEFA).

Gas-fired generation continues to drive European electricity prices

Chart showing UK gas spot prices rising sharply during the energy crisis and remaining volatile afterwards

UK gas prices remain below European averages despite global market shocks

Chart showing residential gas prices including taxes across European capitals in April 2026, with Stockholm the highest and Kyiv the lowest.

European household energy prices highlight lingering impact of gas market shocks

Chart showing a growing share of Britain’s electricity generation becoming independent from gas prices through Contracts for Difference by 2030

UK power prices increasingly decouple from gas

Line chart showing global greenhouse gas emissions comparing delayed transition and central scenarios with temperature outcomes

Slower energy transition lifts gas demand in European power markets

Chart showing spot and futures prices for electricity, natural gas, coal, crude oil and EU ETS emission allowances from 2007 to 2035.

Removing gas-fired generation from the EU ETS could distort Europe’s power market

Line chart showing average European wholesale electricity prices from 2021 to 2026, with sharp peaks during the 2021 gas squeeze and the 2022 Russia-Ukraine shock.

European power generation: what fossil fuel shocks teach us about electricity prices

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