Record gas and CO2 prices send electricity markets in 2022 at prices never seen before
AleaSoft Energy Forecasting, January 3, 2023. In 2022, the annual electricity markets prices were the highest in history, exceeding €200/MWh in most cases. Gas and CO2 prices, which also registered records, were the main cause of the high electricity markets prices. During 2022, the installed solar and wind energy capacity increased in most markets, which […]
The MIBEL market stands out from the rest of European electricity markets by registering prices more than 50% lower
AleaSoft Energy Forecasting, December 19, 2022. In the week of December 12, prices of most European electricity markets fell compared to the previous week, although the weekly average exceeded €300/MWh in almost all of them. However, in the MIBEL market, prices including the adjustment for the gas cap remained below €150/MWh. At the end of […]
The rise in European energy markets prices continues with winter just around the corner
AleaSoft Energy Forecasting, December 12, 2022. In the second week of December, European electricity markets prices increased, continuing the upward trend of recent weeks as temperatures drop. In the British market, £1585.82/MWh was reached in one hour of Monday the 12th, and daily prices exceeded €400/MWh on various occasions in most markets. Among the causes […]
Gas gives no respite and continues to push European electricity markets prices with the drop in temperatures
AleaSoft Energy Forecasting, December 5, 2022. In the week of November 28, prices of all European electricity markets rose. Daily prices above €350/MWh were registered in several markets and in the British £1000/MWh were exceeded in a few hours. Temperatures continued to drop, which led to the increase in demand in most markets. Gas and […]
MIBEL eludes the price rises registered in the European markets in November
AleaSoft Energy Forecasting, December 1, 2022. In November, prices of most European markets were higher than those of October, except for MIBEL, which registered the lowest price since August 2021, including the adjustment price due to the gas cap. In most markets, the increase in wind energy production failed to offset the rise in demand […]
Low temperatures arrive and gas and electricity markets prices rise
AleaSoft Energy Forecasting, November 28, 2022. In the fourth week of November, electricity markets prices rose in a generalised way, a behaviour that continued on Monday 28, when prices above €400/MWh were registered in various markets and above £1000/MWh in the British market. The main causes of these rises are the increase in demand due […]
Renewable energy financing opens to new options
AleaSoft Energy Forecasting, November 25, 2022. The range of financing options for renewable energy projects is increasingly wide. The new sources of financing, unlike the traditional Project Finance with a commercial bank, no longer require a PPA and more naturally accept the market price risk of full merchant projects. At the analysis table of the […]
Wind energy reduced prices in MIBEL while gas raised them in the rest of European markets
AleaSoft Energy Forecasting, November 21, 2022. In the third week of November, prices of most European electricity markets rose as a result of the increase in gas prices, a higher electricity demand and the drop in solar energy production. However, in the MIBEL market, prices fell thanks to the increase in wind energy production, which […]
In the first half of November, solar energy production continues growing for another year in all European markets
AleaSoft Energy Forecasting, November 16, 2022. The solar energy production of the first fifteen days of November increased compared to that of the same days of 2021 in all analysed markets. The largest increase was that of the Italian market, of 61%, followed by that of the German market, of 59%. In the case of […]
Negative prices in several European electricity markets in the second week of November
AleaSoft Energy Forecasting, November 14, 2022. In the second week of November, prices of most European electricity markets increased, with the highest rise being that of the IPEX market, of 44%, while decreases were registered in the MIBEL, N2EX and Nord Pool markets, with the largest decrease being that of the Nordic market, of 37%. However, […]
The rise in gas prices reverses the downward trend of the European electricity markets
AleaSoft Energy Forecasting, November 9, 2022. In the week of October 31, European electricity markets prices increased compared to the previous week, except in the case of the Nord Pool market. This trend continued in the first days of the second week of November in most markets. The rise in gas prices favoured this behaviour. However, […]
European solar and wind energy production grew year‑on‑year in October
AleaSoft Energy Forecasting, November 7, 2022. In the month of October, the solar energy production increased compared to the same month of 2021 in all analysed European markets. The largest increase, of 19%, was registered in the Italian market, followed by the 16% rise of the Portuguese market. Portugal also registered the highest year‑on‑year increase […]