Spain and Portugal record Europe’s highest number of hours with negative electricity prices in Q2

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Spain and Portugal record Europe’s highest number of hours with negative electricity prices in Q2

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Spain and Portugal logged Europe’s highest number of negative electricity-price hours in the second quarter of 2026, according to Montel’s market outlook. Record solar generation, a late-June heatwave, and wider price volatility shaped the period.

Spain and Portugal recorded the highest number of hours with negative electricity prices in Europe in the second quarter of 2026, according to Montel’s European Power Market Outlook Q3 2026 report. The period was marked by record solar power generation, a heatwave in late June and significant electricity price volatility. The post Spain and Portugal record Europe’s highest number of hours with negative electricity prices in Q2 appeared first on pv magazine Global.

Markets Commodities Energy negative electricity prices Spain Portugal solar generation power markets heatwave price volatility

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