According to AleaSoft Forecasting, the week of February 26, prices in the European electricity markets were higher than in the previous week. The exception was the Iberian market, where prices fell and were the lowest, something that has been happening since February 18. Weekly Iberian wind energy production was the highest since October, which led to the lowest weekly average price ever in Spain. Gas and CO2 prices halted the downward trend and increased compared to the previous week.
In the week of February 26, solar energy production increased in most major European electricity markets compared to the previous week, continuing the upward trend for the third consecutive week. Increases ranged from 6.1% in Spain to 30% in Germany. France, with a 15% increase, reversed the previous week’s drop. Italy, on the other hand, registered a 17% drop in solar energy production for the second consecutive week.
With the arrival of spring and the increase in daylight hours, daily photovoltaic energy production in some markets returned to levels last seen in autumn. On February 28, the Portuguese market generated 14 GWh, the highest value since the end of September and also the highest value ever registered for a February month, breaking the previous record of February 20 when generation reached 13 GWh. The German and Spanish markets also registered the highest solar energy production since October, with 187 GWh generated on March 3 in Germany and 119 GWh generated on March 1 in Spain.
For the week of March 4, according to AleaSoft Energy Forecasting’s solar energy production forecasts, this week’s upward trend will continue in Germany and Italy. However, the Spanish market will register a decrease in solar energy production compared to the previous week, AleaSoft Forecasting reports.
Powered by
