Record values of solar photovoltaic energy production in Portugal in the second week of May
AleaSoft Energy Forecasting, May 15, 2023. In the second week of May, the solar photovoltaic energy production registered a record maximum hourly value in Portugal, adding to the streak of records for this technology in Europe during 2023. In the electricity markets, the prices remained stable with an upward trend, except in the MIBEL and […]
May begins with record values of solar photovoltaic energy production in Europe
AleaSoft Energy Forecasting, May 8, 2023. In the first week of May, European electricity markets prices fell due to the drop in gas and CO2 prices. In addition, the demand decreased in most markets and wind and solar energy production increased in some cases, reaching record values for hourly solar photovoltaic energy production in almost […]
Electricity demand in Spain in April among the lowest in the last 20 years
AleaSoft Energy Forecasting, May 3, 2023. Electricity demand fell in April in all European markets. Excluding 2020 demand, which was affected by COVID measures, Spain and Italy registered their lowest values in 20 and 6 years, respectively. Falling demand and gas prices, as well as a solar energy production that was the highest for a […]
Batteries and green hydrogen: the necessary complements to photovoltaic energy
AleaSoft Energy Forecasting, April 28, 2023. The time for batteries has come. Their role in managing renewable energies to avoid curtailments and price cannibalisation is already beginning to look necessary. The situation is becoming urgent and both support and regulation must be accelerated to make possible large-scale deployment of batteries and green hydrogen. Energy storage […]
Several negative or zero hourly prices in European electricity markets although prices generally increased
AleaSoft Energy Forecasting, April 24, 2023. In the week of April 17, European electricity markets prices increased due to the fall in wind energy production and the increment in demand. However, in the MIBEL market of Spain and Portugal, seven zero hourly prices were registered on April 23. In the markets of Belgium and Netherlands […]
Batteries will give renewable energies the capacity to avoid curtailments and price cannibalisation
AleaSoft Energy Forecasting, April 21, 2023. Hybridisation with energy storage will allow renewable energy plants to have the necessary management capacity to avoid curtailments and partially mitigate the price cannibalisation in the central hours of the day. The most important storage capacity in the Spanish electricity market is that of the pumping power plants, which […]
Solar energy takes prices to zero values in the MIBEL market at the third weekend of April
AleaSoft Energy Forecasting, April 17, 2023. In the second week of April, European electricity markets prices fell compared to the previous week, influenced by the decrease in gas and CO2 emission rights prices, as well as by the general increase in wind energy production and the drop in demand compared to the previous week. Negative […]
Interview by Economía Digital with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft Energy Forecasting
AleaSoft Energy Forecasting, April 17, 2023. Interview by Raúl Masa Pacheco, Editor of Economía Digital, with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft Energy Forecasting. Let’s start backwards, with the conclusions: Can we say that the worst of the energy crisis that started in the summer of 2021 is behind […]
Photovoltaic energy reaches record values in European markets during Easter
AleaSoft Energy Forecasting, April 11, 2023. In the first week of April, record highs of solar photovoltaic energy production were reached in Spain, France and Portugal. However, European electricity markets prices increased, influenced by the increase in gas and CO2 emission rights prices, as well as by the general drop in wind energy production compared […]
The first quarter as a whole ends with a new fall in electricity markets prices
AleaSoft Energy Forecasting, April 3, 2023. In the first quarter of 2023, European electricity markets prices decreased compared to the previous quarter and to the same quarter of 2022, due to the decrease in gas prices and the increase in renewable energy production. The solar photovoltaic energy production reached record values in Spain and Portugal. […]
PPA: Importance in the proposal for the electricity market reform and in the renewable energy financing
AleaSoft Energy Forecasting, March 28, 2023. In a webinar of AleaSoft Energy Forecasting, experts from EY highlighted the role of PPA in the decarbonisation of companies, in stabilising prices and for the development of green hydrogen projects. Although the PPA market is slowing down, it continues to be the preferred option for financial institutions. The […]
Weekend of negative prices in European electricity markets
AleaSoft Energy Forecasting, March 27, 2023. In the fourth week of March, European electricity markets prices continued to fall, due to the decrease in gas and CO2 prices, the drop in demand and a high renewable energy production. In the last days of the week, negative or zero hourly prices were reached in several markets. […]