European power prices have declined this year, reaching record lows in some markets, as demand has been slow to recover and renewable power capacity growth has accelerated. Seasonal price spreads have tightened across the year as markets remain well supplied, though risk premiums remain in place for winter, driven by underlying fuels markets and weather conditions. Argus considers how changing fundamentals could affect power prices for the remainder of this year in its second-half 2024 outlook.
Download the white paper to find out:
- How regional power price spreads are changing and why.
- The impact of accelerated renewable power capacity growth on market dynamics.
- Risk factors affecting power markets in peak demand periods in summer and winter.
Download the market insight paper
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About Argus Media
As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such supply and demand dynamics, price trends, trading activity and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered first hand from the market.