European Electricity Markets Report

The easing of Covid19 confinement measures made sure that demand for gas & electricity in the 3rd quarter was much closer to “normal levels” than the exceptional figures seen in the 1st & 2nd Q 2020. The structure of electricity generation was influenced by relatively high carbon prices, weak demand, improved hydro availability and rising solar generation which all combined to push out conventional fossil-based power plants. Source: European Commission