European electricity prices surge on high gas costs and lower solar output

A spike in TTF natural gas futures to their highest level since January 2023, combined with reduced solar generation, pushed weekly average electricity prices above €110/MWh across major European markets.

First covered Aug 26, 2026 · 12:41 AM PT · 1 article · no longer in the live window

European electricity prices surge on high gas costs and lower solar output — Image via pv-magazine.com

Coverage

31d PV Magazine High gas prices, lower solar output drive up European electricity costs — Analysis by AleaSoft Energy Forecasting finds the weekly average electricity price was above €110 ($128.35)/MWh across major European markets last week as TTF…

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Appeared in: 2026-08-26 (#8)

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