Information is power, especially in the energy sector
AleaSoft Energy Forecasting, March 1, 2024. In the energy sector, the importance of up‑to‑date and reliable data is highlighted in the face of challenges such as renewable energy growth and price volatility. Traders, renewable asset managers and large consumers depend on accurate information for strategy, risk mitigation and operational efficiency. Data is at the heart […]
Wind energy records for a February month in Portugal and France
AleaSoft Energy Forecasting, February 26, 2024. In the week of February 19, European electricity market prices fell compared to the previous week, with the MIBEL market showing the lowest prices. The increase in wind energy production and the decrease in gas and CO2 prices favored this behavior. Portugal and France registered the highest wind energy […]
Frenetic development and high investor appetite for battery projects in Spain
AleaSoft Energy Forecasting, February 23, 2024. Activity in the battery market in Spain is frenetic and investor appetite is high. Although current regulation is considered sufficient for battery projects, there are challenges in obtaining local and regional permits due to the lack of experience in energy storage projects. The expected capacity market is the missing […]
Photovoltaic energy registers the highest daily production in history for a February month in Spain, Portugal and Italy
AleaSoft Energy Forecasting, February 19, 2024. In the third week of February, European electricity market prices remained stable, most of them with averages below €70/MWh. The MIBEL market registered the lowest averages for the second week in a row. Photovoltaic energy registered the highest daily production in history for a February month in Spain, Portugal […]
European wind energy production protagonist in the second week of February with a historic record in Germany
AleaSoft Energy Forecasting, February 12, 2024. In the week of February 5, European electricity market prices remained at levels similar to those they have registered since the second half of January. The MIBEL market registered the lowest weekly averages. Wind energy was the protagonist of the week in most markets and registered an all‑time high […]
Price stability in European electricity markets in the fifth week of 2024
AleaSoft Energy Forecasting, February 5, 2024. In the week of January 29, average prices in most major European electricity markets were similar to the previous week. Solar energy production continued to increase in most markets as the days got longer, while wind energy production was generally lower than the previous week. Demand decreased in almost […]
Analysis January 2024
Solar photovoltaic and wind energy reach record highs for a January month in 2024
AleaSoft Energy Forecasting, February 2, 2024. In January 2024, prices in European electricity markets maintained the stability of recent months and registered slightly higher averages than in December 2023. Solar photovoltaic energy production reached record levels for a January month in all markets and wind energy production in Germany and Italy. Electricity demand increased in […]
European electricity market prices continued to fall due to less cold temperatures
AleaSoft Energy Forecasting, January 29, 2024. In the fourth week of January, European electricity market prices continued the downward trend that started in the previous week. Less cold temperatures drove down demand while gas and CO2 prices continued to fall. The exception was the Iberian market, where the decline in wind energy production led prices […]
European electricity market prices change trend after starting the year on the rise
AleaSoft Energy Forecasting, January 22, 2024. In the week of January 15, prices in the main European electricity markets decreased compared to the previous week. This represented a reversal of the upward trend registered in most markets over the last two weeks. Gas and CO2 prices continued the downward trend of recent weeks and wind […]
Demand and prices in European electricity markets rise due to low temperatures
AleaSoft Energy Forecasting, January 15, 2024. In the second week of January, most European electricity markets registered an increase in prices compared to the previous week. The increase in demand after the beginning of the year, in a week with colder temperatures than the first week of the year, favored this behavior. Solar energy production […]
European electricity market prices start 2024 up, pushed by demand, while wind energy causes declines in the south
AleaSoft Energy Forecasting, January 8, 2024. In the first week of 2024, increased demand drove prices higher in most European electricity markets. However, in Spain, Portugal and Italy, prices decreased due to a significant increase in wind energy production. On January 2, France reached a daily wind energy production record of 402 GWh. On that day, […]
Analysis year 2023
Electricity market prices return to 2021 levels in 2023 thanks to falling gas prices and the rise in renewable energy
AleaSoft Energy Forecasting, January 3, 2024. In 2023, annual electricity market prices fell to levels similar to those of 2021, being mostly below €100/MWh. The drop in gas prices, together with the reduction in demand and the increase in renewable energy generation with respect to 2022, led to the decrease in electricity market prices. During […]