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In the third week of September, most of the main European electricity markets registered decreases in their weekly prices, which in many cases fell below €60/MWh, favored by the increase in solar energy production, the recovery of wind energy in Germany and Italy, and the slight decline in gas prices. However, Spain, Portugal, and France bucked the trend with increases, while Italy remained above €100/MWh for most of the week.
Renewable energy sources grew the most: 6.2% in the primary energy matrix and 11.9% in electricity. MITECO’s official energy statistics include the country’s self-consumption capacity for the first time, which reached 8,256 MW by the end of 2024. The weight of natural gas and coal in the national energy mix has decreased, and for the third consecutive year there is an export-oriented electricity balance.
At the Global Renewables Summit in New York, Ursula von der Leyen highlighted that Europe already generates 50% of its electricity from clean sources. The EU will allocate €300 billion until 2027 for global energy transition projects.