Price spike in European electricity markets as gas pric...

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Title	Price spike in European electricity markets as gas prices reach their highest level since February
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Detail	In the second week of October, European electricity market prices rose., wit some hourly prices exceeding €200/MWh. The rise was caused by higher gas and CO2 prices, which registered their highest levels since February and August, respectively. Increased demand and lower solar energy production also drove prices up, while wind energy helped prices to fall on some days.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Oil and Gas Electricity Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date	16.10.2023
Original Url	Original Url
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Title
Price spike in European electricity markets as gas prices reach their highest level since February
Detail
In the second week of October, European electricity market prices rose., wit some hourly prices exceeding €200/MWh. The rise was caused by higher gas and CO2 prices, which registered their highest levels since February and August, respectively. Increased demand and lower solar energy production also drove prices up, while wind energy helped prices to fall on some days.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Oil and Gas Electricity Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date
16.10.2023
Original Url
Original Url
Share