The first quarter of the year registered the highest prices in history in the European energy markets
AleaSoft Energy Forecasting, April 4, 2022. During the first quarter of 2022, European energy markets were influenced by the effects of the Russian invasion of Ukraine. Record gas prices were registered that caused hourly, daily, monthly and quarterly historical maximums in several electricity markets. Brent futures registered the highest prices since July 2008 and CO2 […]
With the limitation of gas prices, the Iberian electricity market will have two reference prices: the usual marginalist price and the adjusted peninsular price
AleaSoft Energy Forecasting, April 1, 2022. Just after RDL 6/2022 was published to prolong and modify the measures aimed at lowering energy prices, the governments of Spain and Portugal sent a proposal to modify the wholesale electricity market to Brussels. The most important thing about this proposal is that it maintains an unchanged marginalist price […]
Why is the Iberian Peninsula an energy island?
AleaSoft Energy Forecasting, March 29, 2022. Spain, and the Iberian Peninsula by extension, can be considered an energy island. The capacity to import and export electricity with both France and Morocco represents a very small fraction of the demand and of the generation capacity. This article analyses all data on the interconnections of the Iberian […]
European electricity markets prices fell at the beginning of the spring
AleaSoft Energy Forecasting, March 28, 2022. European electricity markets prices fell in the first week of spring, and negative values were registered in the Belgian market, although most exceeded €215/MWh of weekly average. The drop in gas prices and electricity demand, as well as higher solar energy production, favoured the behaviour of the electricity markets. […]
The lack of projects with PPA brings merchant projects into focus of financing
AleaSoft Energy Forecasting, March 25, 2022. Out of the projects under the reasonable profitability regime of RD 413/2014, there are already very few that need financing. The extreme price volatility in the electricity markets today resulted in few PPA contracts being closed. Faced with this situation of little availability of renewable energy projects to finance, […]
European electricity markets prices moved away from the highs after the drop in gas prices
AleaSoft Energy Forecasting, March 21, 2022. In the third week of March, gas prices fell, dragging European electricity markets prices, which moved away from the highs registered in the second week of the month. Even so, the weekly average exceeded €200/MWh in most markets. During the weekend, when the demand is lower, negative prices were […]
Interview of Acermetal with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of Aleasoft Energy Forecasting
AleaSoft Energy Forecasting, March 15, 2022. Interview by Cristina Oliva Collar from Acermetal with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft Energy Forecasting. The electro‑intensive industry is experiencing an unprecedented “industrial emergency” situation. The steel industry, in particular, was forced to stop production in certain cases… What measures should be […]
Gas takes prices in European electricity markets to historical highs and wind energy drags them to negative prices
AleaSoft Energy Forecasting, March 14, 2022. In the second week of March, several European electricity markets registered historical maximum prices dragged by record gas prices. However, towards the end of the week in some markets negative hourly values were registered thanks to the general increase in wind energy production. For the week as a whole, […]
Energy transition accelerates
AleaSoft Energy Forecasting, March 11, 2022. The European Union seems finally ready to make changes to solve, as soon as possible and for the long‑term, the consequences of the energy crisis caused by the war in Ukraine. This article analyses the proposals aimed at accelerating the implementation of renewable energies and green hydrogen. When the […]
Interview of Energética with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft Energy Forecasting
AleaSoft Energy Forecasting, March 11, 2022. Interview by Andrea de Lucas from Energética with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft Energy Forecasting. When do you think international energy markets will stabilise? Which are the variables that can make this possible? The instability seen since 2021 in the oil and […]
Interview of El Independiente with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft Energy Forecasting
AleaSoft Energy Forecasting, March 11, 2022. Interview by Carlos R. Cózar from El Independiente with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft Energy Forecasting. Are we in danger of supply? We do not see any risk in supply, at least at the short‑term. Spain is less dependent on gas of […]
Price records in European energy markets after the Russian invasion of Ukraine
AleaSoft Energy Forecasting, March 8, 2022. Prices of all European electricity markets rose significantly in the first week of March, a behaviour that continued at the beginning of the second week of the month, when records were registered in most markets. Behind these rises is the increase in gas prices, which are reaching record highs […]