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Quarterly reports show a surge in solar energy and e-vehicles, with record highs in 2025

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The latest quarterly reports for the electricity and gas markets, covering the final two quarters of 2025, confirm continued growth in the generation of renewable energy in the EU. Solar energy, in particular, hit a new record high in 2025, reaching 275 TWh (+18%). Energy from offshore wind rose by 4% (+3 TWh).

Additions of renewables capacity remained at record levels in 2025, reaching close to 70 GW. New solar capacity made up the bulk of additions, with 56 GW of installations in 2025. Wind capacity, both onshore and offshore, rose by 13 GW.

Similarly, 2.89 million new e-vehicles (EVs) were sold in the EU in 2025, a record increase of +31% compared with 2024. This shows that EV yearly sales have almost tripled (+177%) since 2019. EV sales in Q4/2025 translated into a 22% market share; over two times the market share as the United States (7%)

On electricity prices, the European Power Benchmark averaged 85 €/MWh in 2025, 9% higher than in 2024, but still 14% lower than in 2023. Prices diverged significantly between Member States, ranging from a yearly average of 41 €/MWh in Finland to 116 €/MWh in Italy.

Electricity consumption also rose in the EU (+1%) compared to 2024, mainly driven by colder winter temperatures in 2025. Despite this increase, demand was still 2% below the 2019-2022 average, indicating the gradual recovery following the 2022 energy crisis continues.

The annual average gas wholesale price was 36€/MWh, a slight increase of 5% compared to 2024 (34€/MWh). This reflects a short-term increase at the beginning of last year, following the halt of Russian pipeline gas exports via Ukraine. This still represents a decrease of 22% compared to 2021 (47€/MWh).  Retail gas prices appear to have stabilised in 2025, averaging 109 €/MWh. 

Consumption of gas in the EU reached 339 bcm in 2025, up 2% on 2024 (332 bcm), reflecting a small rebound after the sudden steep decline in 2022-23 at the peak of the energy crisis. Nevertheless, consumption was still below 2022 levels.

Background

Quarterly Reports on the electricity and gas markets are published periodically by the Commission’s DG Energy. The EU quarterly gas and electricity market reports analyse market data in detail to examine trends and challenges. The reports explore the main factors behind price and volume variations and the interaction between market actors.

The latest report covers Q3 and Q4 of 2025, thereby completing the picture for the whole of 2025.

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