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 […]
Interview of El Periódico de la Energía with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft Energy Forecasting
AleaSoft Energy Forecasting, July 10, 2023. Interview by Ramón Roca, director of El Periódico de la Energía, with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft Energy Forecasting. Once the first half of 2023 is over, how do you see the economy evolving after the COVID crisis and the most critical […]
Fall in gas and increase in renewable energy drive prices down in European electricity markets in the first half of 2023
AleaSoft Energy Forecasting, July 4, 2023. In the first half of 2023, average prices of European electricity markets fell, ranking as the lowest since the second half of 2021. The fundamental causes of these falls are the decrease in gas prices and electricity demand in some markets, as well as a renewable energy production that […]
Fall in European electricity markets prices in the last week of June after three weeks of increases
AleaSoft Energy Forecasting, July 3, 2023. In the last week of June, prices of European electricity markets fell after three consecutive weeks of increases. This behaviour was favoured by the increase in wind energy production in all markets. In addition, although prices of gas and CO2 registered an upward trend in the last days of […]
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 […]
European electricity markets: bullish prices due to increases in gas and CO2, but they stabilise with decreases at the end of the week
AleaSoft Energy Forecasting, June 26, 2023. In the penultimate week of June, the increases in gas and CO2 prices at the beginning of the week and the increase in demand caused rising prices in the European electricity markets. Towards the end of the week, gas and CO2prices fell, helping to lower prices. Even so, in […]
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 […]
Gas and CO2 rise again, driving up European electricity markets prices despite photovoltaic records
AleaSoft Energy Forecasting, June 19, 2023. Gas and CO2 prices rose for the second consecutive week, causing a general increase in European electricity markets prices. CO2 futures exceeded €90/t, something that had not happened since April. The increase in demand and lower wind energy production in several markets also led to increased prices in the […]
Price equilibrium of energy markets in the long term
AleaSoft Energy Forecasting, June 16, 2023. The energy transition requires coherent long‑term forecasts based on a scientifically based methodology. Long‑term price equilibrium is a key aspect of energy markets. Any long‑term forecasting methodology that does not take into account this fundamental aspect of the markets will not provide reliable forecasts. The use of Artificial Intelligence […]
Gas prices rose after several weeks of declines, dragging European Electricity markets
AleaSoft Energy Forecasting, June 12, 2023. In the second week of June, gas prices rose after keeping a downward trend since the second week of April. This, along with the increase in demand and in CO2 prices, led to the increase of prices in most of the European electricity markets. Even so, negative prices were […]
The complex interplay of the energy transition (II)
AleaSoft Energy Forecasting, June 9, 2023. In this second instalment of the news series on the main vectors of the energy transition, five more vectors are analysed. Three of them are related to energy storage (batteries, pumping stations and solar thermoelectric energy), and the other two are international interconnections and smart grids. In the first […]
European energy markets prices went down in the first week of June, but in MIBEL they rose and are the highest
AleaSoft Energy Forecasting, June 5, 2023. In the first week of June, prices of most European electricity markets fell and some negative prices were registered, thanks to the decrease in demand and prices of gas and CO2, and to the increase of renewable energy production in some cases. However, prices rose in the Nord Pool […]