Electricity and Gas Market:
The Latest Trends

This week, the gas market showed a slight increase, while electricity continued its downward trend.

In the electricity market, prices continued their downward trend across all products. Baseload products fell by -2.36 €/MWh for Cal 2027, -1.71 €/MWh for Cal 2028, and -1.68 €/MWh for Cal 2029, while peakload products also recorded declines across all maturities.

This price drop is explained by a strong supply, supported by high availability of the nuclear fleet and good hydroelectric production.

Despite an increase in electric heating demand due to falling temperatures, the supply-demand balance remained favorable for price easing.