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. […]
The Iberian exception lowers electricity market prices in July
AleaSoft Energy Forecasting, August 2, 2022. The interruptions and fears about the gas flow to Europe during the month of July shot up gas prices by 59% and dragged electricity markets prices to historical highs. The Iberian market is the only one that registered a drop thanks to the application of the cap on the […]
France and Italy lead the rise in electricity markets prices during the heat wave
AleaSoft Energy Forecasting, July 25, 2022. Electricity markets prices in Europe rose due to a combination of an increase in electricity demand and decreases in solar photovoltaic and wind energy production, amid a situation of very high gas prices. Spain and Portugal remain in the low price range due to the gas price cap and […]
Solar photovoltaic energy production record in Germany by exceeding 38 GWh in one hour
AleaSoft Energy Forecasting, July 18, 2022. On July 17, the highest hourly solar energy production in its history was registered in Germany, exceeding 38 GWh between 13:00 and 14:00. A solar thermoelectric energy production record was also registered in Mainland Spain on July 12. These records occur in a week in which prices of all European […]
Temperatures, gas prices and low wind energy production combine to make European electricity markets prices rise
AleaSoft Energy Forecasting, June 20, 2022. In the third week of June, the high temperatures, which favoured the increase in demand, the rise in gas and CO2 prices and a low wind energy production caused an increase in European electricity markets prices. The only market in which prices fell was MIBEL due to the effect […]
Natural gas, the non-rechargeable battery of the present. Green hydrogen, the battery of the future
AleaSoft Energy Forecasting, June 17, 2022. The entry into operation of the cost adjustment mechanism of RDL 10/2022 highlighted the role of the combined cycle gas turbines as a backup for renewable energies. This need of support for wind and photovoltaic energies raises the question of what is going to replace natural gas in a […]