AleaSoft Energy Forecasting’s latest analysis finds the weekly average electricity price stood in excess of €110 ($125.51)/MWh across most of Europe’s main electricity markets last week as gas futures prices reached their highest level since March.
The weekly average electricity price increased across Europe’s electricity markets last week, according to analysis by AleaSoft Energy Forecasting.
The Spanish consultancy registered an upward trajectory across the Belgian, British, Dutch, French, German, Italian, Nordic, Portuguese and Spanish markets.
The weekly average stood in excess of €110 ($125.51)/MWh in all markets bar the Nordic market, where the average reached €57.36/MWh. The Italian market registered the highest average, at €161.23/MWh, followed by the Dutch market, at €131.47/MWh.
Italy reached its highest daily average price since January 2025 last week, registering €172.56/MWh on July 20. On July 15, prices reached €138.11/MWh in the Spanish and Portuguese markets for their highest level since February 2025.
