Prices in the main European electricity markets rose in February 2025, in many cases reaching their highest level since March 2023. This rebound was driven by rising gas prices, which also marked their highest monthly average since that date. In addition, wind energy production fell, in some markets registering its lowest level for February in several years. In contrast, solar photovoltaic energy generation reached its historical maximum for February in the main European markets.
In February 2025, prices in most major European electricity markets increased both compared to January and on a year?on?year basis.
Monthly average prices exceeded €105/MWh in most of these markets.
The EPEX SPOT markets of Germany, Belgium, France and the Netherlands, together with the IPEX market of Italy, reached their highest levels since March 2023. Meanwhile, the Nord Pool market of the Nordic countries registered the highest monthly…


