Insight
Europe power: H1 2024 in review
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
This review considers the development of volumes and prices in Europe’s electricity markets in H1 2024. After falling commodity prices took the sting out of wholesale power prices in 2023, European prices have continued to enjoy relative stability in H1 2024. However, there remains significant volatility in within-day power prices, with over 3,100 negative power priced hours in the first half of the year. There has been some recovery in demand at a transmission system level, although demand reduction measures were in place in Q1 2023, rendering the underlying increase moderate. On the supply side, strong nuclear and hydro availability, alongside the continued build-out of renewable capacity, helped further ease the reliance on gas and coal.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Europe power long-term sensitivity: Impacts of wind and solar variability (May 24 base case)
Exploring up and downside risk to wind and solar revenues
$5,000
Commodity Market Report
Europe power capacity markets long-term pricing outlook H2 2024
Analysis exploring the firm capacity gap in markets, capacity price outlook and key market characteristics.
$15,000
Commodity Market Report
France power market long-term outlook: May 2025
We present our May 2025 long-term outlook for the French power market, with integrated supply-demand analysis and prices to 2060.
$15,000
