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 […]