US EditionA Record Photovoltaic Brings the Price of Electricity in Spain to Be the Cheapest in Europe
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In May, the prices of the main European electricity markets reached their lowest levels since at least November. The Spanish market recorded the lowest monthly average below 17 €/MWh. Photovoltaic solar production set historic records in Germany, Italy, France and Portugal, while wind grew year-on-year in several markets. Electricity demand declined, CO2 prices dropped and gas prices were around April. In May 2025, France’s EPEX SPOT market reco…
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