Prices in the Italian IPEX market are among the highest in the European electricity markets. This is because this market is highly dependent on gas-fired generation. Italy has increased its capacity of renewable energy, especially solar photovoltaic energy and wind energy, but these sources are still not at a sufficient level to meet demand, especially in periods of low renewable energy generation. In 2023:
In the coming years, although the Italian electricity system will continue to depend on gas-fired generation and electricity imports, it will continue to commit to the development of renewable energy.
These are some of the country’s targets for 2030:
At AleaSoft we have a wide experience in services for the Italian market, both at a national level and for regions and market zones.
Leaders in energy market forecasting for a greener future
AleaSoft provides energy forecasting of price, demand, wind and solar power production for the Italian market (IPEX). Price forecasting for the Italian market are available for the PUN (National Single Price), the Northern region, and Southern region (Brindisi) at a short, mid and long term. Demand forecasting is available for the Italian market both at a national level and for each market zone, at a short, mid and long term. AleaSoft provides wind energy production forecasting and solar power production forecasting for the short term of the Italian market. Offered services:
AleaDemandShort generates hourly forecasts of the energy demand of Italy, as well as for each market zone, for the short term, with a 10 day horizon.
AleaDemandMid generates hourly forecasts of demand for Italy at a mid term, with a 3 year horizon.
AleaDemandMid includes functionalities allowing to analyze forecast variability which are useful during the decision-making process, such as:
AleaDemandLong generates monthly forecasts of energy demand for Italy and each market zone at a long term, with a horizon of up to 10 years. The AleaDemandLong solution is flexible, in order to adapt to the criteria of your requirements. AleaDemandLong allows to analyze the following variabilities, which are useful during the decision-making process:
AleaWind generates hourly forecasts of wind power production of wind farms in Italy for the short term, with a 13 day horizon (from D+1 to D+13).
AleaSolar generates hourly forecasts of solar power production in Italy for the short term, with a 13 day horizon (from D to D+12).
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