Spanish Day-Ahead Price Cap and Floor removed just in time

Spanish Day-Ahead Price Cap and Floor removed just in time

Like most of the countries in the continent, Spain is experiencing high carbon prices, high gas prices, low gas reserves, low water reserves and periods with low renewable generation.

Read more

Stability Pathfinders: Tendering opportunities for services to enable a zero-carbon system

Stability Pathfinders: Tendering opportunities for services to enable a zero-carbon system

As the country moves towards greater levels of renewable generation, there will be less and less traditional synchronous generation on the system.

Read more

Carbon and gas prices drive ancillary services up in the Netherlands

Carbon and gas prices drive ancillary services up in the Netherlands

Availability prices for FCR, aFRR and mFRR have increased dramatically since the fourth quarter in 2020. This has caused a lot of interest in flexible generation and storage. Are these prices temporary or the start of a sustained trend?

Read more

France overtakes Norway to become largest net power exporter

France overtakes Norway to become largest net power exporter

France overtook Norway to regain its position as the biggest net exporter of power in Europe in the first half of 2021. France’s total net exports amounted to 21TWh, with most of the power flowing to Great Britain (8.6TWh) and Italy (7.2TWh).

Read more

Fundamental market changes in Spain increase risks and opportunities for energy traders

Fundamental market changes in Spain increase risks and opportunities for energy traders

Recent changes in wholesale markets (day-ahead and intraday sessions) coupled with an increase in renewables and interconnector capacity are expected to increase revenue opportunities – and risks – for energy traders.

Read more

Costs for interconnector capacity to Britain are the most expensive in Europe

Costs for interconnector capacity to Britain are the most expensive in Europe

Looking at the monthly auctions for May 2021, which are hosted via JAO’s trading platform, our latest research shows that the price for capacity on the interconnector to export energy from Belgium to Great Britain was the most expensive in Europe at 19.42€/MW/H.

Read more

Demise of King Coal causes turmoil in Germany

Demise of King Coal causes turmoil in Germany

The planned timeline for ending coal power generation in Germany could cause the country significant challenges as it battles to meet future electricity demand. Coal is currently so strongly entrenched in German energy systems that a total withdrawal of it by this date will need to clear some hurdles

Read more

Belgian FCR prices hit new record

Belgian FCR prices hit new record

Capacity prices for FCR reached record levels of over € 1.000 per MW per hour due to scarce flexibility. Weekends in Belgium will remain very tricky, at least until the pumped storage plant at Coo will return to service, with nuclear switching off, it will be interesting to see what happens the following weekends.

Read more

New day-ahead electricity market service drives higher prices

New day-ahead electricity market service drives higher prices

STOR was re-introduced on April 1 and unlike its previous incarnation, which was tendered for season-long durations, it is based on daily auctions – giving providers the flexibility to optimise on a daily basis between STOR and other market segments.

Read more