European Power Pulse — week 2026-W35

European day-ahead prices eased notably in week 2026-W35, with the EU average across 48 zones falling to 252.71 EUR/MWh from 326.17 the week before. The direction was broadly downward, with most of the largest movements to the downside.

The Nordic zones anchored the cheap end again. NO4 averaged 11.06 EUR/MWh, ahead of SE1 at 38.15 and SE2 at 51.46, each posting week-over-week declines. At the other end, Ukraine averaged 3035.51 and Turkey 2882.92, both well clear of the rest of the continent; the next priciest zone, IT-SICI, sat far lower at 224.30.

The biggest movers were also at the top of the price range. UA dropped 3144.65 week-over-week and TR eased 250.62, while SE4 fell 32.22 to 88.50. Negative pricing remained a feature of the western continental zones: France recorded 45 negative hours, Germany-Luxembourg 40.5 and the Netherlands 34, with Poland reaching the week's lowest single print at -119.71. Across all zones, negative hours totalled 262.3.

On our own scoreboard, we scored 46 zones and beat the baseline in 41 of them, with an average improvement of 14.7 percent; our best work came in DK1, AT and HU, while UA and PT were the two zones where we fell short of the baseline. In keeping with our guarantee, those losing zones are free.