European electricity market

The European electricity market is a system where electricity is produced, sold, and purchased across countries in Europe. It aims to ensure a reliable supply at competitive prices by enabling producers and consumers to trade electricity in open markets. Prices fluctuate based on demand, supply, and generation costs, encouraging efficient production and consumption. Policies promote integration of renewable energy sources, reduce carbon emissions, and ensure security of supply. This interconnected market enables countries to share resources, improve efficiency, and transition to cleaner energy, fostering a more sustainable, resilient, and competitive energy system across Europe.