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Second half of the year begins with price falls in European electricity markets

In the first week of July, prices in most major European electricity markets fell compared to the previous week. Almost all markets registered hours with negative prices in the latter part of the week. Rising wind energy production, as well as lower gas prices and demand in some markets, contributed to the decline in prices. Photovoltaic energy broke records in Spain on the 3rd, and Portugal, France and Italy reached their highest daily production for a July month during the week.

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