In the fourth week of April, European electricity markets witnessed a notable decline in prices, influenced by varying dynamics of renewable energy output and demand. The majority of markets reported lower weekly average prices compared to the previous week, with the United Kingdom being an exception, experiencing a 4.7% increase in prices. The MIBEL market displayed relative stability, as Spain’s prices slightly rose by 0.1%, while Portugal experienced a minor decline of 0.2%. France, however, faced a dramatic drop, with electricity prices plunging by 89%, marking it as the most significant decrease among the analyzed regions. Other markets also reported declines, with Italy seeing an 11% decrease and the Nordic region experiencing a substantial 59% drop.
During the week of April 20, most European electricity markets maintained average prices below 70 €/MWh. The United Kingdom and Italy were notable outliers, with average prices recorded at 108.54 €/MWh and 109.12 €/MWh, respectively. At the lower end of the spectrum, France’s average price fell to just 7.62 €/MWh, while other markets ranged from 39.75 €/MWh in the Nordics to 67.36 €/MWh in the Netherlands.
On a daily basis, France recorded its lowest average price of the week on Sunday, April 26, at 40.83 €/MWh, which was its lowest level since June 17, 2013. Concurrently, the Dutch market reported a daily price of 12.95 €/MWh, marking its lowest since October 6, 2025.
Conversely, Italy and the United Kingdom consistently maintained daily prices exceeding 100 €/MWh throughout much of the week. Belgium and the Netherlands also briefly surpassed this threshold on April 20. The Italian market achieved the highest daily average within this period on April 22, reaching 120.07 €/MWh.
The overall trend during the week of April 20 indicated that reduced electricity demand combined with increased wind and solar generation across most markets contributed to downward pressure on prices throughout Europe. However, Spain’s diminished wind and solar output created slight upward pressure on prices within that market. Looking ahead, forecasts from AleaSoft Energy Forecasting suggest that electricity prices in Europe may see an uptick in the final week of April due to anticipated lower wind generation levels, alongside gas price movements that are expected to significantly influence market trends.
