News on European electricity markets
Week 47/2024
(18/11/2024 –24/11/2024)
NEWS
November 18, 2024
Wind energy prevents rising gas prices from driving up European electricity market prices in the second week of November
In the second week of November, average prices in most major European electricity markets exceeded €100/MWh, although they were lower than the previous week. This decrease occurred thanks to the increase in wind energy production and despite gas prices rising and registering the highest values of 2024. Even so, the Iberian and French markets registered the highest daily price of this year. Photovoltaic energy in Portugal surpassed the production record for a day in November. Demand increased in most markets, CO2 futures rose and Brent futures fell.
In November, we have a special promotion of our...
November 18, 2024
In our AleaHub division we help our clients interested in signing...
WEBINARS
On December 12 at 10:00 CET, AleaSoft Energy Forecasting will organise the webinar "Turning point: from the five-year period of photovoltaic energy to the five-year period of batteries" where the following topics will be addressed:
Evolution and prospects of European energy markets
Summary of the five-year period that is coming to an end: Transformation and growth of European electricity markets
Prospects for the next five years
Some strategic vectors to analyse: renewable energies, batteries, demand, green hydrogen and other renewable fuels
The speakers will be:
Oriol Saltó i Bauzà, Associate Partner at AleaGreen
On November 14 at 10:00 CET, AleaSoft Energy Forecasting will organise the webinar "Prospects for energy markets in Europe. Batteries, hybridisation and energy storage", where the following topics will be addressed:
Evolution and prospects of European energy markets for the winter 2024-2025
Battery and hybridisation projects at AleaSoft
Prospects for batteries, hybridisation and energy storage
The spe will be:
Oriol Saltó i Bauzà, Associate Partner en AleaGreen
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. nbsp;
These are the latest workshops held:
Short term forecasting for agents that operate in the spot and futures markets.
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Mid-term forecasting with the stochasticity distributions for agents operating in the spot and futures markets.
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Alea Energy DataBase (AleaApp) for the compilation, visualisation and analysis of data related to the energy markets.
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HYBRID SYSTEMS OF RENEWABLE ENERGY AND BATTERIES
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.
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.
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
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.
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.