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. […]
Interview by El Periódico de la Energía with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft Energy Forecasting
AleaSoft Energy Forecasting, March 27, 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. Habemus proposal of the European Commission to reform the electricity market. What do you think? What we have are some proposals for “improvements” […]
European energy markets say goodbye to winter with price decreases
AleaSoft Energy Forecasting, March 20, 2023. In the third week of March, 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 drop in demand and the increase of solar energy production. However, both solar and wind energy production […]
Wind energy production breaks records in several European markets
AleaSoft Energy Forecasting, March 13, 2023. In the second week of March, prices of almost all European electricity markets fell compared to the previous week, influenced by the decrease in electricity demand and gas prices, as well as by the general increase in wind energy production. Regarding the production with this technology, on March 9 […]
Price rises in European electricity markets at the beginning of March due to drop in temperatures
AleaSoft Energy Forecasting, March 6, 2023. In the first week of March, prices of most European electricity markets rose compared to the previous week, influenced by the increase in demand caused by the drop in temperatures. Regarding the photovoltaic energy production, on March 2 a record was reached in Portugal and on the 3rd the […]
The fall in wind energy production and the record CO2 prices cause the rise in electricity markets prices in February
AleaSoft Energy Forecasting, March 1, 2023. In February, the decrease in wind energy production and the increase in CO2 prices led to monthly price rises in European electricity markets. However, the drop in gas prices and demand in most markets, as well as the increase in solar energy production, allowed the year‑on‑year drop in prices. […]