Interactive: Platts Renewable Energy Price Explorer

(Latest update: March 12, 2025)

Poor wind conditions and gas prices at two-year highs sharply lifted market values for wind and solar across Europe in February to levels not seen since 2023, Platts data show.

In Germany, wind capture prices doubled year over year to an average of around Eur117/MWh, the highest level since December 2022.

German wind power output plunged 44% from a record set in February 2024.

In Spain, wind capture prices even tripled on the year amid a similar decline for wind, according to Platts assessments.

The range of daily capture prices, however, shrank compared to the previous two months.

Solar capture prices rose less sharply as solar output across the five markets rose 23% on year to a record 10.3 TWh amid a growing impact of "winter solar" on hourly prices.

The Explorer shows the "capture price" renewable energy generators receive based on hourly output and pricing data on a monthly average volume-weighted basis.

As such, capture prices take into account the cannibalization effect caused by Europe's growing fleet of solar and wind farms and are a more accurate reflection of value than wholesale power prices.

Capture rates, meanwhile, remained relatively high, ranging from 73% for Spanish solar to 99% for Italian wind. UK offshore wind captured 96% of the average wholesale power price in February.

For further information, see methodology(opens in a new tab) or contact ci.support@spglobal.com

The dial chart shows monthly wind, solar, nuclear, gas and coal-fired generation across Europe's five biggest power markets. Click a segment for more detail.