Negative prices continue in the European electricity markets

Negative prices continue in the European electricity markets and natural gas prices also continue their downward trend. What can we expect in the coming weeks? Natural gas and CO2 prices continued their downward trend in the fourth week of May, which led to a general downward trend in prices in European electricity markets and several negative hourly prices were registered, which reached -€400/MWh in the Netherlands. The notable exception of the Iberian market, with a rise in prices, came from the fall in renewable energy production. During the week, records of solar photovoltaic energy production were reached in Germany, France […]