Belgium
10 Aug 2026Weekly Market Snapshot — Belgium, 2026-w33
Belgium's electricity market recorded a weekly mean price of €113.8/MWh with extreme intraday volatility — swinging from -€13.71/MWh to €233.17/MWh and a standard deviation of €60/MWh — driven by a pronounced solar-heavy midday price collapse against a steep evening demand ramp. Renewables contributed 59.7% of generation on average, peaking at 77.7% on 5 August, yet Belgium remained a substantial net importer, drawing heavily from France (avg. 1,919 MW) and the Netherlands (avg. 1,517 MW) to balance a residual load that reached 11,027 MW. The counterintuitive inversion of peak and off-peak averages — off-peak €140.2/MWh versus peak €91.5/MWh — signals a structural solar-driven midday depression reshaping the traditional pricing architecture.