Results of the second Portugal auction: the price of the photovoltaic energy is not €11.14/MWh either
AleaSoft, August 27, 2020. The second solar energy auction in Portugal produced a new world record of €11.14/MWh. For AleaSoft, the photovoltaic energy price is much higher. This minimum price is the product of the combination of several factors: companies that planned to make the project profitable in a longer horizon than the 15 years […]
Good times for photovoltaic energy: auction in Portugal and records at the European level
AleaSoft, August 26, 2020. On August 24 and 25, the second solar energy auction was held in Portugal. Most of the winning projects are hybrid systems that combine photovoltaic energy and batteries. With these auctions, the Portuguese Government intends to reach its objectives for installed solar capacity in 2030. In general, the plans at European […]
The rise in wind energy production and the decrease in demand lower the European electricity markets prices
AleaSoft, August 24, 2020. The prices of most European electricity markets fell during the third week of August due to the increase in wind energy production and the decrease in demand. In Germany some hours of Sunday registered negative values. However, in the Nord Pool market, the prices rose and the daily prices exceeded €10/MWh, something […]
The gas prices continue their recovery and register the highest values of the last four months
AleaSoft, August 20, 2020. Gas prices continue with the increasing trend that began at the end of July and already register values similar to those of mid-April, above €8/MWh. Brent remains stable around $45/bbl. The prices of most of the European electricity markets rose in the first days of the third week of August favoured […]
The Spanish wind energy is heading with solid steps towards the NECP goals for 2030
AleaSoft, August 20, 2020. The Spanish NECP aims for the installed wind energy capacity in 2030 to reach 50 GW, almost a third of the total capacity expected on that date, and for it to be the technology with the highest installed power. After some years of stagnation, since the last quarter of 2019 the installation […]
The European electricity markets prices increase due to high temperatures
AleaSoft, August 17, 2020. The prices of most of the European electricity markets rose in the second week of August due to the heat wave that suffered a large part of the continent and that caused an increase in demand in various markets. The recovery in gas prices and the decline in renewable energy production […]
The heat wave keeps the European electricity markets prices high
AleaSoft, August 13, 2020. The heat wave is keeping electricity demand high even in a holidays season like August. Some countries like the UK are breaking records for sustained temperatures, and several countries have seen demand increases over 10%. For its part, renewable energies did not have a uniform behaviour in all countries and both […]
European electricity futures rise pushed by gas and CO2
AleaSoft, August 10, 2020. The electricity futures prices in the main European countries registered a clear rise in the first week of August with growth exceeding 4% for Cal-21 in some markets. This rise was caused by the increase in the prices of TTF gas and CO2 emission rights, while coal, which recorded price falls, […]
Gas prices rise to May levels and Brent is slowly approaching pre-COVID levels
AleaSoft, August 6, 2020. Electricity futures in European markets posted an upward trend, driven by rallies in gas and Brent prices, which are slowly climbing away from the lows during the most critical phase of the COVID‑19 pandemic in March and April, and approaching pre-crisis levels. Meanwhile, the growth of solar production in Spain and […]
2020: The photovoltaic energy records year, and we are only halfway there
AleaSoft, August 5, 2020. Photovoltaic energy in Spain doesn’t stop breaking records. It is enough just to take a look at the evolution of production and installed capacity in recent months to see that a clear paradigm shift occurred: from a stagnant situation for a decade to a true photovoltaic energy revolution. Although 2020 is […]
The European electricity markets prices increase in July, but remained well below the prices of July 2019
AleaSoft, August 3, 2020. The European electricity markets prices continue to rise in July after the collapse, during the most critical phase of the COVID-19 pandemic. A special case is that of the Nord Pool market in the Nordic countries, that set an average price this July of just €2.35/MWh, the lowest in the last decade. […]
The European electricity markets prices continue downward favoured by the renewable energy production
AleaSoft, July 30, 2020. During the first days of the last week of July, there was a drop in prices in most of the European electricity markets, except in the Italian IPEX. In the latter, the price of July 29 exceeded €50/MWh. The renewable energy production, mainly the wind energy, increased in most of the […]