Third week of June: weekly averages move higher in most markets
In the third week of June, electricity prices increased across most European power markets, with weekly averages rising versus the previous week in nearly all regions analyzed. The Nordic market was the only exception, recording a 12% decline. The largest weekly gains were reported in Spain (+83%), Portugal (+88%) and France (+217%). For other markets covered by AleaSoft Energy Forecasting, price growth ranged from +3.7% in Italy to +30% in Belgium.
Week of June 15: most markets above €80/MWh
During the week of June 15, weekly average prices exceeded €80/MWh in most European markets. The Nordic market remained lower at €54.28/MWh, while Italy posted the highest weekly average at €127.69/MWh. Elsewhere, prices ranged from €83.13/MWh in France to €118.99/MWh in Great Britain. The spread reflected ongoing differences in supply-demand conditions across regions.
Daily patterns: Nordic weekend lows and continental levels above €55/MWh
The Nordic market recorded very low weekend prices, dropping below €25/MWh. Its weekly minimum reached €18.12/MWh on June 21. In contrast, most other markets stayed above €55/MWh throughout the week. This pattern pointed to tighter conditions on the continent compared with the Nordic area.
Spikes above €100/MWh: peaks in the Netherlands and Belgium
Several markets saw price spikes above €100/MWh, including Germany, Belgium, Great Britain, Italy and the Netherlands. The Dutch market recorded the weekly peak daily average at €143.63/MWh on June 18. Belgium reached a daily average of €141.93/MWh, its highest level since March 11. In parallel, Iberian prices also moved higher during the period.
Iberian price levels: Spain and Portugal rise through mid-to-late June
Spain reached €98.30/MWh on June 16, while Portugal posted €98.70/MWh on June 17. Portugal later climbed to €99.89/MWh on June 22. Despite these increases, Iberian levels remained below March highs mentioned in the reporting. Overall upward pressure continued across multiple regional markets.
