June 21, 2024
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Europe: Solar energy production recovered in week 17

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According to AleaSoft Energy Forecasting, in the fourth week of April, prices continued to recover in the main European electricity markets. Even so, most markets registered negative prices for a few hours, especially on Sunday, April 28. In the MIBEL market, weekly prices were again the lowest for the twelfth consecutive week. Portugal and Spain reached their all‑time record photovoltaic energy production on April 23 and 24, respectively. Solar energy production increased in most markets, while wind energy production fell in most markets.

In the week of April 22, solar energy production increased in most major European electricity markets compared to the previous week. The German market registered the largest increase, 35%, reversing the downward trend of the previous week. The Spanish market, with the smallest increase, 0.6%, continued to rise for the fourth consecutive week. On the other hand, in the French market, solar energy production fell by 22%, reversing the upward trend of the previous three weeks.

During the fourth week of April, Spain and Portugal broke the historical record for daily solar photovoltaic energy production. Portugal reached this milestone on April 23, generating 18 GWh using this technology. One day later, on April 24, the Spanish market generated 174 GWh using photovoltaic energy, which is the highest value in history.

For the week of April 29, according to solar energy production forecasts, it will decrease in Spain and Italy. However, it will increase in Germany, AleaSoft Energy Forecasting reports.

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