2021 does not stop surprising and in the last weeks price records continue to be beaten in the markets
AleaSoft Energy Forecasting, December 20, 2021. In the last weeks of 2021, European electricity spot and futures markets continued breaking price records, in a context in which gas is also at record highs and CO2 prices remain high. The new nuclear shutdowns announced in France added more uncertainty to the situation and the general fall […]
Summary 2021 (part III): A very complicated year for large and electro-intensive consumers
AleaSoft Energy Forecasting, December 17, 2021. This year 2021, the episode of extraordinarily high prices in the energy markets was the undisputed protagonist. The situation has been complex for the entire energy sector in Spain and Europe, but large and electro‑intensive consumers suffered especially hard this year and it highlighted the need for energy purchase […]
The new rise in gas prices and CO2 records bring futures to maximum prices again
AleaSoft Energy Forecasting, December 13, 2021. The consecutive CO2 prices records of recent weeks and a new rebound in gas prices are driving electricity futures prices to historical prices in markets of central Europe, or close to historical highs in others markets such as the Iberian. On the other hand, the decrease in photovoltaic energy, […]
Summary 2021 (Part II): The return of renewable energy auctions in the Spanish electricity market
AleaSoft Energy Forecasting, December 10, 2021. Renewable energy auctions will play an important role in the energy transition and the achievement of the renewable energy capacity targets for 2030. In this second part of the summary of this year 2021, the two auctions held and the situation of the NECP objectives are reviewed versus the […]
Summary 2021 (Part I): Renewable energies continue rocketed
AleaSoft Energy Forecasting, December 3, 2021. Although their importance was greatly overshadowed by the gas and CO2 price crisis, renewable energies continued to grow at a very high rate during this year 2021. With these technologies, capable of generating electricity without greenhouse gas emissions and essential in the energy transition, begins a summary of the […]
Record prices in European electricity markets continue in November
AleaSoft Energy Forecasting, December 1, 2021. During the month of November, many European electricity markets set record prices, and those that did not, continued at October levels that were also record at the time. The arrival of low temperatures together with high gas prices and CO2 record prices were the main drivers of these electricity […]
Weekly price record in the European electricity markets in the fourth week of November
AleaSoft Energy Forecasting, November 29, 2021. Prices of all European electricity markets rose in the fourth week of November and the weekly average, above €200/MWh in most of them, was the highest in the history in almost all markets. There are several factors that led to the increases, despite the fact that wind energy production […]
The importance of energy storage and renewable energy technologies hybridisation in the energy transition
AleaSoft Energy Forecasting, November 26, 2021. Storage and its hybridisation with renewable energy technologies will play a key role in the energy transition, from managing the variability of renewable energies to avoiding curtailments and the cannibalisation of market prices. The optimisation of hybrid and storage facilities presents an important optimisation challenge to make them truly […]