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News on European electricity markets
Week 11/2024
(11/03/2024 –17/03/2024)


March 11, 2024

Commitment to photovoltaic energy in Europe results in record figures for a March month in several markets

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 and CO2 prices, as well as lower wind energy production in most markets. The MIBEL market registered the lowest prices again and on Sunday, March 10, it reached the lowest price since February 2014.

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March 6, 2024

Company portrait: Aleasoft Energy Forecasting

Company portrait of AleaSoft Energy Forecasting published by Jose 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 year in which the Innova Program of the Polytechnic University of Catalonia (UPC) was created, with the aim of harnessing the knowledge and technology of the university and facilitating the creation of technology companies. Antonio Delgado Rigal, CEO of AleaSoft, explained to pv magazine that AleaSoft was one of the first companies created from this program and the first with the UPC as a shareholder.

AleaSoft currently has 25 professionals divided between one office in Madrid and two in Barcelona. One third of them have a degree.

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March 14, 2024

We thank ASPAPEL for inviting our CEO, Antonio Delgado Rigal, to share our vision on energy markets trends for 2024...

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March 14, 2024

José Pedrosa from pv magazine España published this portrait of the first 25 years of AleaSoft...

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March 8, 2024

At AleaSoft we provide short and mid term hourly price forecasts for European markets to have a vision of the electricity market...

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Today 14, AleaSoft Energy Forecasting will organise the webinar "Prospects for energy markets in Europe. Spring 2024", where the following topics will be addressed:
  • Evolution of the European energy markets. Spring 2024
  • Regulation and prospects
  • Financing of renewable energy projects
  • The importance of PPA and self-consumption
  • Portfolio valuation: main considerations to take into account
  • Green hydrogen auction and Innovation fund
The speakers will be:
  • Oriol Saltó i Bauzà, Associate Partner at AleaGreen
  • Marta Sánchez Alvarez, Spain Energy Consulting Leader at EY
  • Javier García Seijas, Partner of Infrastructure, Modelling & Project Finance at EY
  • Alfredo Salcedo Rivas, Strategy and Transactions Partner at EY
  • Jaime Moretón Poch, Director of Business Consulting Energy

Request invitation to the webinar >>

On April 11, AleaSoft Energy Forecasting will organise the webinar "Prospects for energy markets in Europe. Vision of the future: energy storage", where the following topics will be addressed:
  • Evolution and prospects of European energy markets
  • Vision of the future on the energy storage
The speakers will be:
  • Oriol Saltó i Bauzà, Associate Partner at AleaGreen
  • Raúl García Posada, Director at ASEALEN

Request invitation to the webinar >>

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At AleaSoft Energy Forecasting we are experts in statistical models and forecasts related to the European energy markets, renewable energy, projects financing and PPA, and we hold workshops on topics of interest, with demonstrations and applications of techniques and tools for the professionals of the energy sector.
These are the latest workshops held:
  • Short term forecasting for agents that operate in the spot and futures markets. Request recording >>
  • Mid-term forecasting with the stochasticity distributions for agents operating in the spot and futures markets. Request recording >>
  • Alea Energy DataBase (AleaApp) for the compilation, visualisation and analysis of data related to the energy markets. Request recording >>

At AleaSoft Energy Forecasting, studies, analyses and reports are carried out for hybrid systems, mainly of solar photovoltaic energy with batteries, but also of solar photovoltaic energy with wind energy, and of the three, solar photovoltaic energy, wind energy and batteries. The objective of these studies, analyses and reports is defining strategies for optimising the operation of hybrid systems to maximise their income. In addition, the estimation of future income is made taking into account the defined strategy and long term hourly market price forecasts.
Consult service of studies, analysis and reports for hybrid systems >>


At AleaSoft Energy Forecasting, long term forecasting reports are carried out for all European energy markets. In addition, new complementary services associated with these long term reports are offered.

Mid term European electricity markets prices forecasting reports are also available, which provide a vision of the prospects for the coming months and years, taking into account the most up to date scenarios for the evolution of the economy.
Consult AleaSoft Energy Forecasting’s mid term price forecasting service >>


At AleaSoft Energy Forecasting, studies and reports on the European energy markets are carried out to satisfy the needs of the companies in the sector or other indirectly related companies. Some examples of these reports are:

  • Long-term analysis of the electricity sector in the European markets
  • Optimisation strategies for hybrid systems of renewable energy and energy storage
  • Impact of the 7% tax on the market prices
  • Financing and PPA
  • Renewable energy auctions
  • CO2 prices
  • Analysis of the emission factor transferred to the market at the long term
  • Price captured by photovoltaic, solar thermal, wind and hydroelectric energy
  • Valuation of the wind and solar resource of a facility
  • Influence of anticipated nuclear power plants shutdowns in the electricity sector
  • International interconnections
  • Analysis of price cannibalisation and hourly price profiles in the future
  • Future of the green hydrogen in the energy sector
  • Self-consumption
  • Analysis of future scenarios in the sector and simulations
  • Repercussions of the NECP in the electricity market
  • Monographs on the main European electricity markets
  • Cogeneration
  • Biomass
  • National, regional electricity consumption or client portfolio
  • Generation optimisation
  • Fuels: consumption, prices and futures

Consult service of reports for the energy sector >>


At AleaSoft Energy Forecasting, the Alea Energy DataBase (AleaApp) was developed, an online platform which compiles the data from the energy markets and the macroeconomic data from the main European markets, helping and facilitating the digitalisation of the companies. In this tool it is possible to visualise and analyse the data through comparative graphs of variables, calculation of the moving average, changes in the temporality of the series, among others.

Consult access service to the Alea Energy DataBase (AleaApp) >>


The energy markets observatories are available on the AleaSoft Energy Forecasting website, which allow analysing the evolution of the main European electricity markets in recent weeks. This tool includes hourly, daily and weekly graphs in which the information is updated daily.

Consult the observatories >>

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