Image: ALEASOFT Energy Forecasting
The last week of August had a mixed impact on the most important electricity markets in Europe, according to Analysis of ALEASOFT Energy Forecasting.
The Spanish consultancy said that weekly energy prices rose in Dutch, German, Italian and Nordic markets, while Belgium, Great Britain, France, Portugal and Spain, fell.
Weekly averages were lower than € 85/m France placed the lowest weekly average at € 55.56/MWh.
ALEASOFT said that an increased production of wind energy on the Iberian Peninsula and France helped to lower prices in France, Spain and Portugal, while the falling electricity demand drove the prices in Great Britain.
Markets where the average electricity price was increased were influenced by higher prices for gas and CO2 emission surcharge, as well as an increase in demand for electricity. In both Germany and France, the production of solar energy and wind energy fell week after week.
Italy, Portugal and Spain also included a decrease in solar energy production last week. ALEASOFT said that the solar output will fall this week in Germany and Italy, but will return to Spain.
The consultancy noted that the first week of September is expected to increase an increase in the production of wind energy and the lower demand for electricity, which reduces prices for most analyzed markets.
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