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Power & Renewables

Europe & Russia June 2019

Regional analysis & forecasts
Europe & Russia

Power prices in Germany came under pressure in May from lower prices for fuels and EU carbon allowances. Both the front-month and year-ahead baseload power contracts traded lower on average last month compared with April. Front-month prices were also influenced by weather patterns. Wind power accounted for around 21% of Germany’s electricity mix in May 2019, 3 percentage points higher than in May 2018, according to Fraunhofer data.

Average front-month power prices in Germany were a little higher in May on an annual basis and substantially...