The auction of renewable energy PPA with electro‑intensive consumers is being prepared for mid‑2022
AleaSoft Energy Forecasting, February 15, 2022. The current situation of high prices in the energy markets is having a particularly serious effect on electro‑intensive consumers. For secure coverage they need PPA at competitive prices. Fernando Soto, Director‑General of AEGE, explained in a webinar organised by AleaSoft Energy Forecasting the auction that are organising to close […]
European electricity markets down in the second week of February thanks to solar energy and gas prices
AleaSoft Energy Forecasting, February 14, 2022. In the second week of February, spot and futures European electricity markets prices had a mostly downward behaviour. The drop in gas prices as well as lower demand and higher solar energy production in most markets favoured this trend. During the week negative hourly prices were registered in the […]
Interview of El Periódico de la Energía with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft Energy Forecasting
AleaSoft Energy Forecasting, February 14, 2022. Interview by Ramón Roca from El Periódico de la Energía with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft Energy Forecasting. The year 2021 was a year of records in the energy markets. In the first weeks of 2022, prices remained high. What evolution do […]
Renewable energy and gas prices favour lower prices in the first week of February
AleaSoft Energy Forecasting, February 7, 2022. The prices of almost all European electricity markets fell during the first week of February, favoured by the decrease in gas prices, lower demand and an increase in wind and solar energy production. Even so, the weekly averages were above €160/MWh in most markets. CO2 prices registered a new […]
January 2022: A month of macrovolatility in the European electricity markets
AleaSoft Energy Forecasting, January 31, 2022. In January, the average price of the European electricity markets exceeded €165/MWh in most cases. These prices were lower than those of December but much higher than those of January 2021. During the month there were hours with negative values in some markets and others with very high values, […]
European electricity markets prices take a break in the third week of January
AleaSoft Energy Forecasting, January 24, 2022. In the third week of January, electricity markets prices fell in a generalised way. Even so, weekly averages exceeded €185/MWh in most cases and in the British market on January 17 the highest hourly price of the year, of £1161.06/MWh, was reached. Wind energy production increased in some markets […]
The prices of the European electricity markets continued to rise in the second week of 2022
AleaSoft Energy Forecasting, January 17, 2022. In the second week of 2022, the prices of the European electricity markets rose, with most values averaging above €200/MWh. Demand increased across the board and wind energy fell, a combination that, together with high gas and CO2 prices, led to increases in market prices. However, the prices of […]
January started with price increases in all European electricity markets
AleaSoft Energy Forecasting, January 10, 2022. In the first week of January, European electricity markets prices increased compared to the previous week and in most cases the average exceeded €150/MWh, despite the fact that negative hourly prices were registered in some markets at the beginning of the week. Electricity futures rose in most markets. The […]
2021: Year of recovery and records in European energy markets
AleaSoft Energy Forecasting, January 4, 2022. After the declines of 2020, the demand and prices of the energy markets recovered in 2021, the latter leading an escalation that made almost all European electricity markets settle with a yearly price of more than €100/MWh and break hourly and daily historical records repeatedly. Behind these increases are […]
Summary 2021 (part V): Financing for renewable energy becomes marred by regulatory instability
AleaSoft Energy Forecasting, December 31, 2021. After two extraordinary and complicated years in many ways, such as 2020 and 2021, the development of new renewable energy projects continues despite the difficulties. This article summarises the situation of PPA and renewable energy projects financing in general during 2021. The renewable energy projects financing in 2021 The […]
On vespers of Christmas, record prices were registered in European electricity markets
AleaSoft Energy Forecasting, December 27, 2021. Most of European electricity markets registered all‑time high prices in the days leading up to Christmas. In some cases, hourly records were also reached. One of the protagonists behind these prices is gas, which also recorded an all‑time high in the penultimate week of the year. High CO2 prices […]
Summary 2021 (part IV): A year of regulatory instability
AleaSoft Energy Forecasting, December 24, 2021. In the field of regulation, this 2021 was a year marked by attempts to protect consumers under the regulated tariff against the escalation of prices in the wholesale market. But it also was the year of the legislation for the energy transition with the Climate Change Law and the […]