The week of March 15, the prices of almost all the European electricity markets analysed at AleaSoft increased compared to those of the previous week.
The exception was the MIBEL market of Spain and Portugal, with a decrease of 29%. On the other hand, the largest price increase, of 54%, was that of the EPEX SPOT market of Belgium, followed by that of the EPEX SPOT market of Germany, of 48%.
On the contrary, the lowest price increase, of 6.9%, was that of the IPEX market of Italy. In the rest of the markets, the price increases were between 9.2% of the N2EX market of UK and the Nord Pool market of the Nordic countries and 24% of the EPEX SPOT market of France.
In the third week of March, the highest weekly average price was that of the N2EX market, of €68.87/MWh, followed by that of the Italian market, of €61.87/MWh. While the lowest averages were those of the Portuguese, Spanish and Nordic markets, of €30.59/MWh, €30.62/MWh and €39.04/MWh respectively.
In the rest of the markets, the prices were between €53.00/MWh of the German market and €54.01/MWh of the market of the Netherlands.
On the other hand, almost the entire third week of March, the lowest daily prices in Europe were registered in the MIBEL market. The lowest price, of €17.12/MWh, was reached on Wednesday, March 17, in the Portuguese market.
However, on Sunday, March 21, the lowest daily price was that of the Nord Pool market, of €25.40/MWh. This price was the lowest in the Nordic market so far this year.
Source: visit the AleaSoft website to read the full article.