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High temperatures and increased energy demand will get worse in future summers

AleaSoft Energy Forecasting, July 27, 2023. In the summer of 2023, a huge number of forest fires ravage Mediterranean countries, aggravated by drought, low humidity and high temperatures. The El Niño phenomenon increases the global heat, leading to intense and prolonged heat waves. The Iberian Peninsula undergoes a hot year with above‑average temperatures. High temperatures […]

The demand is smart and adapts to changes in the price profile

AleaSoft Energy Forecasting, July 21, 2023. The growth of solar photovoltaic energy in recent years has caused significant changes in the hourly profile of electricity market prices. The lowest prices, which historically occurred at dawn, are now registered during the hours of solar energy production. An example of how demand adapts to these changes is […]

The investor appetite for renewable energy continues despite the fall in prices

AleaSoft Energy Forecasting, July 14, 2023. Experts agree that the appetite to invest in renewable energy has not diminished with the drop in electricity markets prices and that full merchant projects continue to be attractive. The lowering of long‑term price forecasts by some suppliers is affecting the IRR of the projects. Currently, long‑term price curves […]

Photovoltaic and wind energy began July setting records in Portugal and Germany

AleaSoft Energy Forecasting, July 10, 2023. In the first week of July, photovoltaic energy registered daily production records in Portugal and Germany. Also, Germany registered the highest daily wind energy production for a month of July. However, although solar energy production increased in all markets, wind energy production registered decreases in the majority, which led […]

An ambitious NECP is not enough, ambition is necessary in its implementation

AleaSoft Energy Forecasting, June 30, 2023. The objectives of photovoltaic and wind energy capacity, self‑consumption, green hydrogen and biogas of the NECP 2023‑2030 are very ambitious and are aligned with the expectations of the sector and with the potentiality of solar and wind resources of Spain. It is undoubtedly good news. However, it will be […]

The complex interplay of the energy transition (III)

AleaSoft Energy Forecasting, June 23, 2023. This is the third and final instalment of a series of three articles on the fifteen main vectors of the energy transition. On this occasion, biomass, biofuels, CO2 capture and storage, self‑consumption and regulation are analysed. In the first and second instalments of this series of articles on the […]