AleaSoft Energy Forecasting, September 27, 2022. In the fourth week of September, the solar energy production increased in most European markets. The registered values are far from the historical records for solar energy, but it stands out that this production is still important in the week that marked the beginning of autumn. The wind energy production decreased in all markets, but France registered the highest value since the beginning of April.
Solar photovoltaic and thermoelectric energy production and wind energy production
During the fourth week of September, the solar energy production increased by 31% in Portugal and 22% in Germany and Spain, when compared to the production registered during the previous week. On the other hand, in the Italian market it fell by 8.0% and in the French market there was only a slight decrease of 0.1%.
For the last week of September, the AleaSoft Energy Forecasting’s solar energy production forecasting indicates a decrease in production in Germany, Spain and Italy.Source: Prepared by AleaSoft Energy Forecasting using data from ENTSO-E, RTE, REN, REE and TERNA. Source: Prepared by AleaSoft Energy Forecasting using data from ENTSO-E, RTE, REN, REE and TERNA.
During the week of September 19, the wind energy production decreased in all European markets analysed at AleaSoft Energy Forecasting. The largest drop, of 62%, occurred in the German market. In the Iberian Peninsula and France the decreases were 34% and 33% respectively, while the production with this technology fell by 22% in the Italian market.
For the week of September 26, the AleaSoft Energy Forecasting’s wind energy production forecasting indicates a notable recovery in all analysed markets.
In the case of the French market, on September 26, the highest hourly wind energy production since April 7, of 11 377.50 MWh, was registered between 13:00 and 14:00.Source: Prepared by AleaSoft Energy Forecasting using data from ENTSO-E, RTE, REN, REE and TERNA.
In the fourth week of September, the electricity demand decreased in the Italian and Spanish markets, by 8.1% and 3.9%, respectively. In contrast, in the Portuguese market, the demand increased by 1.8%. In the rest of the analysed markets, the variations compared to the previous week were lower than 1.0%. In Belgium, France and the Netherlands, the demand increased by 0.2%, 0.6% and 0.7% respectively, while in Great Britain and Germany there were decreases of 0.5% and 0.9% in each case.
For the week of September 26, according to the AleaSoft Energy Forecasting’s demand forecasting, the demand is expected to increase in most European markets.Source: Prepared by AleaSoft Energy Forecasting using data from ENTSO-E, RTE, REN, REE, TERNA, National Grid and ELIA.
AleaSoft Energy Forecasting’s analysis on the prospects for energy markets in Europe and the renewable energy projects financing
On next October 20, the third webinar of AleaSoft Energy Forecasting and AleaGreen with speakers from Deloitte will be held. The webinar will be entitled “Energy markets amid the gas supply crisis” and it will analyse the evolution of European energy markets in recent weeks, as well as the mid‑ and long‑term prospects, the renewable energy projects financing and the importance of the forecasting in audits and portfolio valuation. The webinar has limited capacity, so Deloitte and AleaSoft Energy Forecasting clients will be prioritised.
Source: AleaSoft Energy Forecasting.