Europe: Electricity prices surge in January, driven by gas prices and demand Read More »

Europe: Electricity prices surge in January, driven by gas prices and demand

In the third week of January 2025, average electricity prices increased across most major European markets. The exceptions were the N2EX market of the United Kingdom and the Nord Pool market of the Nordic countries, where prices decreased by 13% and 58%, respectively. In contrast, the EPEX SPOT market in Germany saw the largest percentage […]

Region: SEE electricity market prices drop amid lower demand and gas prices Read More »

Region: SEE electricity market prices drop amid lower demand and gas prices

In Week 02 of 2025, electricity prices in Southeast Europe (SEE) dropped due to lower electricity demand and reduced gas prices. All SEE markets saw a decrease in electricity prices, except for Türkiye. Serbia and Italy recorded the largest percentage drops in electricity prices, with decreases of -10.10% and -6.61%, respectively. Greece and Bulgaria also

Energy market trends in early January 2025: Brent oil rises, TTF gas declines and CO2 allowances fluctuate Read More »

Energy market trends in early January 2025: Brent oil rises, TTF gas declines and CO2 allowances fluctuate

In the second week of January, Brent oil futures for the Front Month in the ICE market experienced price increases in most sessions, reaching a weekly maximum settlement price of $79.76 per barrel on Friday, January 10. This represented a 4.2% increase from the previous Friday and the highest price since October 8, 2024. Despite

European electricity prices: Mixed trends in early January 2025 with rising demand and lower wind production Read More »

European electricity prices: Mixed trends in early January 2025 with rising demand and lower wind production

In the second week of January, the average prices of electricity in major European markets showed varied trends. On one hand, prices decreased in the EPEX SPOT market of France, the MIBEL market of Spain and Portugal, and the IPEX market of Italy, with price declines ranging from 0.5% in France to 25% in the

Brent oil, TTF gas and CO2 emissions futures experience fluctuations in early January 2025 Read More »

Brent oil, TTF gas and CO2 emissions futures experience fluctuations in early January 2025

In the first week of January 2025, Brent oil futures saw a positive price trend on the ICE market. The week started with the lowest settlement price on December 30, at $74.39 per barrel. However, prices steadily increased, reaching a weekly high of $76.51 per barrel on Friday, January 3, a 3.2% rise from the

European electricity demand and price trends: Weekly overview and forecasts Read More »

European electricity demand and price trends: Weekly overview and forecasts

During the first week of December 2024, electricity demand saw an uptick across most major European markets compared to the previous week. The French market recorded the largest increase at 5.5%, while the British market had the smallest growth at 0.4%. Other markets, including the Netherlands, Germany, Belgium, Portugal, and Italy, saw demand rise between

Region: Weekly update on SEE electricity market prices and trends Read More »

Region: Weekly update on SEE electricity market prices and trends

In Week 39 of 2024, electricity prices across the Southeast European (SEE) market continued their downward trend compared to Week 38. Contributing factors to this decline included reduced average prices for gas and CO2 emission allowances, alongside a decrease in demand. Most countries in the SEE region saw electricity prices drop, with the exception of

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