Balance of the first half of 2020: The coronavirus crisis sinks the demand and the prices of the European electricity markets at historical levels
AleaSoft, July 1, 2020. The balance of the first semester in the European electricity markets shows falls in prices and demand due to the measures taken to control the COVID‑19 pandemic. The six‑monthly average price is the lowest in the history since 2011 and in most of the markets it was below €30/MWh. The Brent […]
The coal closure: an inevitable step towards the energy transition
AleaSoft, June 30, 2020. The thermal capacity of coal in Spain will register the greatest drop in its entire history when most of the thermal plants that use this fuel close at the end of June. The environmental requirements make this technology much less competitive and virtually unprofitable. With the closure of eight coal‑fired […]
The binomial “less demand more wind energy” will stop the rise in the European electricity markets prices at the arrival of July
AleaSoft, June 29, 2020. The prices of most European electricity markets rose during the week of June 22. The increase in demand, due to the fact that the measures to curb COVID‑19 are being eased and the rise in temperatures, was the fundamental cause. However, for the arrival of July the temperatures are expected to […]
The European electricity markets prices are still above €30/MWh thanks to the recovery of the demand
AleaSoft, June 25, 2020. The European electricity markets prices remain above €30/MWh, and in some markets such as MIBEL and IPEX they approached €40/MWh. This behaviour is mainly due to the increase in electricity demand. The fact that the gas prices continued to recover and the CO2 prices continued to rise are other factors that […]
The escalation of the European electricity markets prices that exceed €30/MWh due to the wind energy continues
AleaSoft, June 18, 2020. In the third week of June, the European electricity markets prices continued to rise and most of them exceeded €30/MWh. The fall in wind energy production and in some cases the increase in demand are the main causes of the rise. The highest daily price was that of June 17 in […]
The economic perspectives and the possible new outbreaks of COVID-19 will condition the recovery of the energy markets
AleaSoft, June 16, 2020. Europe began to ease the measures taken to curb the coronavirus after the worst part appears to have passed. Due to this, the demand and the prices of the energy markets started to recover, although without reaching the levels of the same period of 2019. The uncertainty continues as new outbreaks […]
The European electricity markets prices will continue to increase due to the forecasted drop in wind energy production
AleaSoft, June 15, 2020. In the third week of June, the European electricity markets prices will continue to rise, as already happened the previous week in most markets. The decrease in wind energy production will be the cause of the rise, in addition to the gradual recovery in demand. In the second week of June, […]
The prices of most of the European electricity markets rose due to the increase in demand and the decrease in renewable energies
AleaSoft, June 11, 2020. The prices of most European electricity markets rose in the first days of the second week of June, some exceeding €30/MWh. On June 9, the German market reached its highest daily price since the beginning of March, of €36.68/MWh. This increase was mainly due to the increase in demand and the […]
Portugal will hold the next solar energy auction in August after postponing it due to the coronavirus
AleaSoft, June 10, 2020. The second solar capacity auction of Portugal is already dated. It will be held in August after being delayed due to the COVID‑19 crisis. 700 MW will be auctioned and as a novelty this time storage projects can participate. The Portuguese government intends to carry out a series of auctions with the […]
The European electricity markets and the Brent, gas, coal and EUA markets started June with rises
AleaSoft, June 8, 2020. Most electricity markets started June with price increases. The solar energy production was lower than in the previous week in all the markets and in some cases the wind energy too, leading to higher prices. Other energy markets, such as those of Brent oil, TTF gas and API 2 coal started […]
The European electricity markets prices rise and MIBEL exceeds €30/MWh due to less wind and solar energy
AleaSoft, June 4, 2020. In the first days of June, the electricity markets prices rose compared to those of the previous week due to the decrease in wind and solar energy production. Values above €30/MWh were reached in the MIBEL market. The wind energy production is expected to rise over the weekend, driving prices down. […]
The climate change law does not recognise the green hydrogen as the fuel of the future
AleaSoft, June 4, 2020. The draft of Law on Climate Change and Ecological Transition sets very ambitious targets for 2050. The neutrality in GHG emissions means committing without hesitation to the renewable energy. The law announces a new remuneration framework to be defined by the Government that will be based on the system of the […]