Higher wind production pushes down prices in European e...

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Title	Higher wind production pushes down prices in European electricity markets
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Detail	In the third week of September, European electricity markets prices fell compared to the previous week. The decline was due to lower demand and a significant increase in wind energy production in several markets, which offset increasing gas and CO2 prices. On September 25, TTF gas futures reached their highest level since early April and on September 18, Brent reached its highest settlement price since November 2022.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Non-Renewable Energy Defence and Security Electricity Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date	26.09.2023
Original Url	Original Url
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Title
Higher wind production pushes down prices in European electricity markets
Detail
In the third week of September, European electricity markets prices fell compared to the previous week. The decline was due to lower demand and a significant increase in wind energy production in several markets, which offset increasing gas and CO2 prices. On September 25, TTF gas futures reached their highest level since early April and on September 18, Brent reached its highest settlement price since November 2022.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Non-Renewable Energy Defence and Security Electricity Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date
26.09.2023
Original Url
Original Url
Share