Sure! Here’s the translation into American English:
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In August 2025, prices in the major European electricity markets experienced a notable drop compared to July, with monthly averages falling below €75/MWh. This decline was due to reduced demand and a sharp decrease in TTF gas prices, which hit their lowest levels since August 2024. Although solar photovoltaic energy production decreased compared to the previous month, Germany and Portugal achieved the second-highest historical level of solar generation.
The Nord Pool market, which serves the Nordic countries, stood out by reaching the lowest average price among the major electricity markets, even though it recorded its highest figure since March, driven by a recent upward trend. It is noteworthy that while wind power production in much of Europe increased compared to the previous year, it also experienced a significant drop compared to July.
Total electricity demand showed a decline both year-over-year and month-over-month in most markets. Similarly, TTF gas futures on the ICE market exhibited comparable behavior, with averages not seen since August 2024. In contrast, the average price of CO2 emission allowances on the EEX market showed an increase compared to July, although it remains below levels from a year ago.
In the Brent crude oil futures market, a price reduction was recorded compared to July and the same month last year. These changes in the dynamics of electricity and energy markets reflect current trends that could have significant implications for the planning and management of energy resources in the future. A more detailed analysis of the evolution of European energy markets during this period is available on the AleaSoft Energy Forecasting website.
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via: MiMub in Spanish