Europe's second energy crisis largely skipped the solar hours

In the 2026 crisis window, night-time day-ahead prices in Spain, Germany and Greece rose by €36 ($40.0) to €51/MWh against the same dates in 2025, while midday prices moved by between −€4 and +€14/MWh. Solar earned 43% to 50% of the baseload price over the first 227 days, compared with 85% to 91% after the 2022 shock, and the widening gap between noon and night is where the case for storage now sits.

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