European electricity markets prices continued to fall thanks to wind energy and lower gas prices
AleaSoft Energy Forecasting, September 19, 2022. In the third week of September, European electricity markets prices fell in a generalised way, continuing the trend of the two previous weeks. The drop in gas prices was once again one of the causes of these declines, to which this time was added the increase in wind energy […]
The renewable energy auction of electro‑intensive consumers is scheduled for the first quarter of 2023
AleaSoft Energy Forecasting, September 16, 2022. The situation of electro‑intensive consumers in the midst of the energy crisis is very delicate. Given the lack of offers at sufficiently competitive prices, the electro‑intensive industry is preparing its own PPA auction for renewable energy projects to cover part of its electricity demand for the next twelve years. […]
Second consecutive week of decreases in gas, CO2 and European electricity markets prices
AleaSoft Energy Forecasting, September 12, 2022. In the second week of September, European electricity markets prices fell in a generalised way, a trend that started the previous week. Declines were also registered in most European electricity futures markets. This behaviour was favoured by the decrease in gas and CO2 prices, as well as by higher […]
Pumping is adapting its consumption profile to the increase in photovoltaic energy
AleaSoft Energy Forecasting, September 9, 2022. The rapid growth of solar photovoltaic energy in Spain is creating opportunities in the electricity market. The most widespread technology currently used to store energy, pumping power plants, is changing its consumption pattern to take advantage of these opportunities. The energy transition will create new opportunities like this one […]
Drop in gas, CO2 and European electricity markets prices in the first week of September
AleaSoft Energy Forecasting, September 5, 2022. Gas and CO2 prices fell in the first week of September, favouring the drop in prices in most European electricity markets, even though at the beginning of the week the French market reached €1021.73/MWh in one hour. The solar and wind energy production increased in some markets and the […]
Gas and European electricity markets prices broke their records again in August
AleaSoft Energy Forecasting, September 1, 2022. In August, European electricity markets prices broke records that, in most cases, were set in July. The monthly average exceeded €435/MWh in almost all markets and there were hours above €800/MWh in some cases. Behind these increases are gas prices, which marked their historical monthly maximum in August. CO2 […]
Interview of Energía Estratégica with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft Energy Forecasting
AleaSoft Energy Forecasting, August 31, 2022. Interview by Julián García from Energía Estratégica España with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft Energy Forecasting. Following the announcement by Ursula von der Leyen, President of the European Commission, on Monday, August 29, about a possible reform of the European electricity market, […]
Price records in European electricity markets after the highs reached by gas
AleaSoft Energy Forecasting, August 29, 2022. In the fourth week of August, gas prices continued their upward trend, exceeding €300/MWh in the last days of the week and setting a record on the 26th. In this context, prices of all European electricity spot markets increased and in many cases historical maximum hourly prices were registered […]
Interview of Energía Estratégica with Oriol Saltó i Bauzà, Associate Partner at AleaGreen
AleaSoft Energy Forecasting, August 24, 2022. Interview by Milena Giorgi from Energía Estratégica España with Oriol Saltó i Bauzà, Associate Partner at AleaGreen. As of September 20, the maximum price in the European electricity markets will go from the current €4000/MWh to €5000/MWh. To explain what is happening in the market and the prospects for […]
New gas and CO2 prices records cause rises in European electricity markets
AleaSoft Energy Forecasting, August 22, 2022. Gas and CO2 prices increased during the third week of August and each one registered a new historical maximum on the 19th. This caused an increase in prices of around 30% in most European electricity markets. In the markets of France, Germany, Belgium and the Netherlands, the hourly prices […]
Gas prices return to the uptrend and drive European electricity markets prices upwards
AleaSoft Energy Forecasting, August 16, 2022. In the second week of August, gas prices resumed the upward trend that stalled at the beginning of the month, reaching on the 15th their highest level since the all‑time highs of March. Consequently, prices in most European spot and futures markets were higher than in the first week […]
August begins with a drop in the electricity markets demand and prices
AleaSoft Energy Forecasting, August 8, 2022. The combination of the fall in electricity demand, due to the beginning of the holiday period of August, and a higher wind and solar energy production favoured the decrease in the prices of the European electricity markets, despite registering a slight increase in gas prices and CO2 emission rights. […]