Abstract

Since the beginning of summer 2021, European wholesale electricity prices have been soaring to historic highs. The average day-ahead price of electricity for central European countries more than doubled between June and September, reaching 170 euros per megawatthour (e/MWh) on September 15. This data insight discusses this unprecedented increase in wholesale electricity prices and their key drivers.

 

Meet the authors

Marie Petitet
Utilities and Renewables
Meet the expert
Belaïd, Fateh
Climate and Sustainability
Meet the expert