[Solar: European power prices rise as gas costs increase and renewable output falls]

Published: Jul 23, 2026 10:32
AleaSoft Energy Forecasting said weekly average electricity prices increased across major European power markets last week, including Belgium, Britain, the Netherlands, France, Germany, Italy, the Nordic region, Portugal and Spain. Apart from the Nordic market, where the weekly average reached EUR 57.36/MWh, all markets exceeded EUR 110/MWh. Italy recorded the highest average at EUR 161.23/MWh, followed by the Netherlands at EUR 131.47/MWh. AleaSoft said rising TTF gas prices, higher CO2 allowance prices, and lower solar and wind generation in several markets pushed electricity prices higher.

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