Latest analysis from AleaSoft Energy Forecasting finds the weekly average electricity price increased in France, Portugal and Spain last week despite their new daily solar records as wind energy production fell and demand increased.
France, Germany, Portugal and Spain all set new records for daily solar production last week, according to the latest analysis from AleaSoft Energy Forecasting.
The Spanish consultancy found Germany generated 503 GWh of solar energy on May 28, the same day France reached 179 GWh. A day later, Spain produced 265 GWh and Portugal 32 GWh.
The milestones represent another record-breaking week for solar production in Europe after France, Germany, Italy and Portugal all set new solar records for a day in May the week prior. Italy broke its record for solar production in May again last week, reaching 161 GWh on May 26.
AleaSoft’s analysis of electricity prices found the weekly average electricity price decreased last week across the Belgian, British, Dutch, German and Nordic markets, which it attributes to higher solar and wind energy production, as well as lower electricity demand.
