In the fourth week of February, electricity prices rose across most major European markets compared to the previous week. However, exceptions were seen in Italy’s IPEX market and the Nordic region’s Nord Pool market, where prices fell by 11% and 26%, respectively. Among the markets analyzed by AleaSoft Energy Forecasting, the highest price increase was […]
Europe: Natural gas prices decline amid expectations of Russian supply resumption Read More »
Natural gas prices at the Title Transfer Facility (TTF), Europe’s most liquid gas trading hub, have eased this week as expectations rise for a potential Ukraine peace deal. Analysts suggest that Ukrainian transit remains the most viable option for increasing Russian pipeline flows to Europe. As a result, TTF front-month prices dropped by 14.6% week-on-week.
Region: SEE electricity market trends in Week 08 of 2025 Read More »
In Week 08 of 2025, electricity prices in Southeast Europe (SEE) declined, influenced by falling gas and CO2 prices, as well as increased renewable energy production. Solar power generation set records for February, while wind power output also rose significantly. Electricity price movements All SEE markets recorded price drops, with Croatia and Italy experiencing the
During the third week of February, settlement prices for Brent oil futures in the ICE market showed an upward trend in most sessions. As a result, on Thursday, February 20, these futures reached a weekly high of $76.48 per barrel. However, the price dropped by 2.7% on Friday, February 21, reaching its lowest point of
Europe: Gas prices soar and decline amid political speculation and weather changes Read More »
European gas prices peaked on Monday, February 10th, 2025, before experiencing a significant decline, easing some of the financial pressure on consumers. Gas contracts, which had reached their highest levels since 2023, saw a sharp drop afterward. In the ICE market, TTF gas futures for March 2025 delivery dropped during the second week of February
Region: SEE electricity prices surge amid cold weather and lower renewable output Read More »
In Week 07 of 2025, electricity prices in Southeast Europe (SEE) saw an uptick due to increased demand and a reduction in wind and solar energy generation. Although gas prices fell in the latter half of the week, the overall weekly average price remained slightly higher compared to the previous week. Electricity prices across the
During the second week of February, Brent oil futures for the Front Month in the ICE market reached their highest settlement price of the week on Tuesday, February 11, at $77.00/bbl. This marked the highest price since late January. However, in the following days, prices began to decline. By Friday, February 14, Brent oil futures
In the second week of February, average electricity prices in most major European markets saw an increase compared to the previous week. Prices maintained an upward trend during the early part of the week but dipped over the weekend, which limited the overall rise in weekly averages. The MIBEL market in Portugal and Spain, however,
Europe sees drop in solar and wind energy production in February 2025 Read More »
In the week of February 10, solar photovoltaic energy production declined across major European electricity markets compared to the previous week. This downturn followed two consecutive weeks of increases in solar energy generation. The German and Portuguese markets saw the most significant drops, with a 38% decrease in Germany and 17% in Portugal, compared to
European natural gas prices have surged to an 18-month high, driven by fast-depleting gas inventories and concerns about future supply. In the first week of February 2025, TTF gas futures for March delivery rose significantly, surpassing €52/MWh. On Tuesday, February 4, TTF gas futures hit a weekly low of €52.048/MWh, which was 3.2% lower than
