Latest analysis from AleaSoft Energy Forecasting records an upward trend in electricity prices as TTF gas futures in the ICE market reach their highest maximum settlement price since April 8.
Several of the major European electricity markets broke their records for solar generation on a day in May last week, according to the latest analysis from AleaSoft Energy Forecasting.
The Spanish consultancy says the Italian and Portuguese markets registered their highest solar energy production for a day in May on May 20, reaching 160 GWh and 28 GWh respectively.
The French market beat its own record two days later, when it reached 168 GWh. On May 25, the German market reached its highest solar production for a day in May, hitting 480 GWh, which represented the country’s second highest daily solar production figure ever.
Despite these records, AleaSoft found the weekly average electricity price increased in the French and German markets, as well as in the Belgian, British, Dutch and Italian markets. Meanwhile, the weekly average electricity price declined in the Nordic, Portuguese and Spanish markets when compared to the week prior.
