In the first week of April, daily prices in most major European electricity markets increased through April 1 and then declined for the rest of the week. As a result, weekly average prices fell in most markets. Exceptions included the Dutch, French and Nordic markets, which rose by 1.9%, 8.8% and 37%, respectively. The Portuguese and Spanish markets showed the largest price drops, of 29% and 30%, respectively. In the remaining markets analyzed by AleaSoft Energy Forecasting, prices fell between 1.4% in Italy and 13% in Germany.
In the week of March 30, weekly averages stayed below €85/MWh in most European electricity markets. The Dutch and Italian markets were exceptions, averaging €88.83/MWh and €136.15/MWh, respectively. Spain and Portugal recorded the lowest weekly averages, at €12.44/MWh and €12.62/MWh, respectively. In the other markets analyzed by AleaSoft Energy Forecasting, prices ranged from €61.97/MWh in the Nordic market to €84.95/MWh in the British market.
Regarding daily prices, Iberian markets stayed below €25/MWh during the first week of April. However, Germany recorded the lowest daily average of the week among the analyzed markets, at €16.34/MWh on Sunday, April 5, marking the lowest price since July 3, 2023 in that market. On April 5, France and Belgium reached their lowest daily prices since May 12, 2025, at €3.56/MWh and €0.05/MWh, respectively. That same Sunday, the British, Nordic and Dutch markets registered their lowest daily averages since October 2025, at €6.84/MWh, €7.61/MWh and €14.46/MWh.
By contrast, daily prices in the Italian market remained above €100/MWh throughout the first week of April and exceeded €150/MWh during the first three days. The German, Belgian, British, French, Dutch and Nordic markets also recorded prices above €100/MWh during at least one session that week. On April 1, the Italian market reached the highest daily average of the week, at €159.99/MWh, while the French market registered €134.70/MWh, its highest level since February 18, 2025.
In the week of March 30, lower gas prices compared to the previous week and reduced demand pushed European electricity prices downward. Higher solar energy production in the Iberian Peninsula and Germany also contributed to this decline.
AleaSoft Energy Forecasting’s price forecasts suggest that during the second week of April, prices could continue falling in markets such as Germany, where wind and solar production are expected to increase. However, gas price trends will continue to strongly influence electricity prices across Europe. Meanwhile, demand recovery, lower wind production in the Iberian Peninsula, and reduced solar production in Spain could push prices higher in the Spanish and Portuguese markets, AleaSoft reports.