Slight recovery in European electricity market prices in the second week of April, although they remain low
AleaSoft Energy Forecasting, April 15, 2024. In the second week of April, prices in almost all major European electricity markets were higher than in the previous week, although in most of them the weekly average was below €50/MWh. The Iberian MIBEL market had the lowest prices for the tenth consecutive week. All markets, except Italy, […]
April starts with new photovoltaic energy records and price declines in European energy markets
AleaSoft Energy Forecasting, April 8, 2024. In the first week of April, prices fell in the main European electricity markets, with most of them below €50/MWh. Photovoltaic energy reached an all‑time production record in Portugal and the second highest value ever in Italy. In France, wind energy registered the second and third highest production for […]
Analysis first quarter
2024
Prices and futures of European energy markets plummet in the first quarter of 2024
2024
AleaSoft Energy Forecasting, April 3, 2024. In the first quarter of 2024, prices in the main European electricity markets fell to their lowest levels since at least the second quarter of 2021 in most markets. Declines in gas and CO2 prices marked this evolution. The general increase in solar energy production combined with the increase […]
The Spanish electricity market registers negative prices for the first time and, together with Portugal, continues to have the lowest prices in Europe
AleaSoft Energy Forecasting, April 2, 2024. In the last week of March, the Iberian MIBEL market registered the lowest prices in Europe for the eighth consecutive week and the Spanish market registered negative prices for the first time in its history on April 1. In most major European electricity markets, prices fell compared to the […]
European electricity market prices resist rising gas and CO2 prices thanks to renewable energy
AleaSoft Energy Forecasting, March 25, 2024. In the third week of March, European electricity market prices remained at similar levels to those of previous weeks. In most of them, the weekly average decreased compared to the previous week due to low prices registered at the end of the week as a result of high wind […]
Demand, the great forgotten side of the energy transition
AleaSoft Energy Forecasting, March 22, 2024. The AleaSoft Energy Forecasting’s webinar, with the participation of EY, highlighted the necessary growth in electricity demand for the energy transition. The importance of boosting decarbonization projects and the key role of electricity infrastructure in this process were discussed. In addition, areas such as green hydrogen production, infrastructure electrification […]
Photovoltaic energy in March has already reached the levels of August last year in the Iberian Peninsula
AleaSoft Energy Forecasting, March 18, 2024. In the second week of March, prices in European electricity markets showed few variations compared to the previous week, except in the MIBEL market, where they doubled. Even so, the Iberian Peninsula registered the lowest prices. Photovoltaic energy production in Spain and Portugal reached the levels of the end […]
Commitment to photovoltaic energy in Europe results in record figures for a March month in several markets
AleaSoft Energy Forecasting, March 11, 2024. In the first week of March, solar photovoltaic energy production reached the highest daily value for a March month in history in most major European electricity markets. This did not prevent weekly average market prices from being higher than in the previous week, supported by higher demand and gas […]
Company portrait: Aleasoft Energy Forecasting
AleaSoft Energy Forecasting, March 6, 2024. Company portrait of AleaSoft Energy Forecasting published by José Pedrosa in pv magazine. AleaSoft Energy Forecasting, is a company specialized in energy consumption and production forecasting services, relying on Artificial Intelligence to meet the different needs of the energy sector. It was founded in Barcelona in 1999, the same […]
Analysis February 2024
European electricity markets in February reached their lowest prices since the first half of 2021
AleaSoft Energy Forecasting, March 5, 2024. In February, prices in the main European electricity markets fell, most of them reaching the lowest levels since the first half of 2021. Photovoltaic energy reached the production record for a February month in Spain and Portugal, a milestone that wind energy production also reached in Spain. Gas and […]
Wind energy drives Spanish electricity market prices to their lowest week ever
AleaSoft Energy Forecasting, March 4, 2024. In the week of February 26, prices in the European electricity markets were higher than in the previous week. The exception was the Iberian market, where prices fell and were the lowest, something that has been happening since February 18. Weekly Iberian wind energy production was the highest since […]
Interview of El Periódico de la Energía with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft Energy Forecasting
AleaSoft Energy Forecasting, March 4, 2024. Interview by Ramón Roca, director of El Periódico de la Energía, with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft Energy Forecasting. At the beginning of the year it seemed that there would be a lot of uncertainty, but the government approved the Royal Decree […]