The change of price forecasting needs of the renewable energy plants
AleaSoft, February 12, 2021. It is difficult to deny that Spain is in the throes of the outbreak of a second renewable energy revolution. As new projects develop and enter the wholesale electricity market, their market price forecasting needs change. If previously only long‑term forecasts were needed to plan the investment, now short and mid‑term […]
Interview of El Periódico de la Energía with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft
AleaSoft, February 10, 2021. Interview of Ramón Roca, director of El Periódico de la Energía, with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft. At the beginning of the year 2021, there were record prices in several European electricity markets in a context of high demand due to the low temperatures, […]
Negative prices in the European electricity markets and records of CO2 and Brent in the first week of February
AleaSoft, February 8, 2021. In the first week of February, the European electricity markets prices fell and in some of them negative or close to zero values were reached on Sunday 7. The Nord Pool market was the only one where the prices rose compared to the previous week. On the 1st, the price of this […]
Spain, the world renewable energy laboratory and in the top ten
AleaSoft, February 5, 2021. After some time, Spain returned to the world top ten in terms of renewable energy capacity. But looking at the numbers in detail, its position in the ranking improves if each particular renewable technology is analysed individually. Spain is, without a doubt, one of the great world powers in terms of […]
The importance of understanding the balance of the long term markets
AleaSoft, February 3, 2021. When planning a strategy for purchasing energy or estimating the return on the investment of a renewable energy project, it is very important to have a clear vision of the future of the long‑term market prices. This market prices forecasting is what will allow calculating whether the expected income makes the […]
The average price of January settled with rises in the European electricity markets due to the low temperatures of the first half
AleaSoft, February 1, 2021. As expected after the high prices of the first half of January, which reached record values in some markets, the monthly prices of the European electricity markets rose year‑on‑year and compared to December 2020. The low temperatures at the beginning of the year caused the increase in demand and in gas […]
The auctions results trigger the international interest in the renewable energies in Spain
AleaSoft, January 29, 2021. The results of the renewable energy auctions held in Spain at the end of January had an international impact and are good news for the investors, who are showing interest in the renewable energies in Spain. The impact of the prices of the auction on the market prices and the PPA […]
Interview of Solar News with Antonio Delgado Rigal, PhD in Artificial Intelligence and CEO of AleaSoft
AleaSoft, January 28, 2021. Interview of the magazine Solar News with Antonio Delgado Rigal, PhD in Artificial Intelligence, founder and CEO of AleaSoft. You have been in the Spanish electricity market for more than 21 years making forecasts with a new methodology. What can you tell us? Does the artificial intelligence really work? The Alea […]
The fall in wind energy production and the increase in demand will bring a recovery of the European electricity markets prices
AleaSoft, January 25, 2021. The European electricity markets prices fell in a generalised way in the third week of the year, favoured by the recovery of the temperatures and the increase in wind energy production. However, the electricity futures increased. The gas and CO2 futures fell from their maximum values but they remain high. It […]
The energy markets prices forecasting is not a perishable product
AleaSoft, January 22, 2021. The long‑term energy markets prices forecasts are useful beyond the moment they are made. They are the support for the decision made at the time of signing a PPA, making an investment or buying energy in the futures market. The energy markets prices forecasting is not a perishable product. At […]
The electricity markets in Europe say goodbye to the high prices episode of the beginning of the year
AleaSoft, January 21, 2021. During the first four days of the third week of 2021, the prices of all electricity markets fell compared to those of the previous week. The less cold temperatures caused a decrease in demand which, together with higher renewable energy production, favoured the decrease in prices. On the 21st, most markets […]
The PPA will coexist with the renewable energy auctions
AleaSoft, January 19, 2021. The role of the PPAs in the energy transition continues to be very relevant and, according to the experts, it is a tool that will continue to be useful and in force even with the auctions being held. This is because, beyond being important for the financing of the renewable energy […]