Belgium
20 Jul 2026Weekly Market Snapshot — Belgium, 2026-w30
Belgium's electricity market recorded a weekly mean price of €119.41/MWh with extreme volatility — a €289.47 spread between the -€4.99/MWh floor and €284.48/MWh ceiling — driven by a pronounced evening peak structure and a renewable share that declined sharply mid-week before recovering. The zone operated as a consistent net importer, drawing heavily from France (avg 1,573 MW) and the Netherlands (avg 1,394 MW), while renewables contributed 57.8% of generation on a weekly basis with solar dominating the mix at 37.9%. A counterintuitive inverse peak/off-peak spread — with off-peak hours averaging €135.50/MWh versus peak hours at €105.79/MWh — signals a fundamental reshaping of Belgium's intraday price curve driven by solar suppression of midday prices.