MARKETS

ALBANIA

In Albania hydro is the dominant source of power with four large hydro plants. This market is interconnected with Greece, Montenegro and Serbia which have differing fuel mixes and can import/export power around changes in hydro output.

AUSTRIA

The Austrian market is heavily dominated by hydro generation, with most of the power coming from this source. This market was previously joined to Germany but has since split. The market also benefits from reasonably strong levels of wind and solar generation, with the remainder of power not met by imports coming from a low level of gas-fired generation.

BELGIUM

The Belgian power market sees very high levels of interconnector flows mainly into the country, this import-dependence, combined with renewables and a lack of flexible generation, drives intraday and balancing prices. The system can see extreme system prices with particularly high price peaks, with the market affected by shortages of supply and oversupply in neighbouring markets. Click to find out more>>

BOSNIA & HERZEGOVINA

The power market in Bosnia and Herzegovina sees a large share of power come from coal plants, with a smaller share coming from hydro plants. Data on units within the market is provided close to real-time allowing for live tracking in the market.

BULGARIA

The Bulgarian market relies on a mix of nuclear and lignite generation, with this supported by a smaller share of hydro generation. This fuel mix allows for frequent exports of power to neighbouring markets. Data for the market is published through ENTSO-E close to real-time allowing for live tracking of market activity.

CROATIA

The Croatian market is interconnected into Bosnia & Herzegovina, Hungary, Serbia and Slovenia and is a market that currently has low levels of wind generation and instead relies upon a large share of hydro generation.

CZECH REPUBLIC

The Czech power market remains dominated by nuclear and lignite generation, with renewables not having had a significant impact upon the market. The market has interconnections into large markets such as Austria, Germany, Poland and Slovakia and has close ties to the mining activities domestically.

DENMARK

The Danish market has seen a shift towards a highly renewable fuel mix via the growth in levels of wind capacity, with many of the fossil fuel plants in the market converting to biomass in order to support this renewable transition. This is supported by interconnections with Germany, Norway and Sweden, along with a new connection into the Netherlands and a connection to GB in construction.

ESTONIA

The Estonian power market is heavily focused around generation from shale oil fuelled power stations, with a small level of generation from wind farms and with the country commonly seeing imports from neighbouring regions. These neighbouring regions include Finland and Latvia.

FINLAND

Finland has a diverse power fuel mix, with nuclear providing the base of generation and with the remainder of generation being met by imports, wind farms, hydro plants and a blend of biomass, coal, gas and peat.

FRANCE

The French market is dominated by nuclear power plants, with any excess power generation being pushed into neighbouring markets. The market is dominated by one market party (EDF).  A large volume of power is also generated from hydro plants. Balancing of the market allows for management of the differences between supply and demand with within day interconnector changes being common in this market.  Click to find out more>>

GERMANY

The German market has high levels of renewable capacity allowing for extreme renewable peaks. During these peaks the market will commonly export power into Austria and Switzerland, with additional neighbouring markets also off-taking during these periods. Otherwise, power is met by a small share of nuclear generation, with the remainder being primarily met by coal and a growing share of gas power stations. Click to find out more>>

GREAT BRITAIN

The GB power market is one of the most attractive markets to trade within Europe, with the market featuring high levels of liquidity, healthy spreads between trade-able pricing series and a wealth of market data. This trading activity is centred around the actions being taken by National Grid via the Balancing Mechanism and the impact upon the system price that results from this. Due to the high levels of transparency in the market this activity is all predictable and EnAppSys sits at the cutting edge of providing awareness of this activity within the market. Click to find out more >>

GREECE

The Greek power market is based around high levels of fossil fuel generation, with power predominantly coming from a blend of coal and gas plants in the market (with the share coming from gas increasing in recent times). The remaining share of demand predominantly comes from interconnector imports and a relatively steady level of renewable generation.

HUNGARY

Hungary is a large net importer of power (with connections into Austria, Croatia, Romania, Serbia, Slovakia and Ukraine). The country also sees a large share of generation come from nuclear plants leaving a relatively small requirement for generation from gas and lignite plants.

I-SEM

The I-SEM market has a high level of wind farm capacity and interconnections into the GB power market. This creates a very volatile market with lots of opportunities for market trading and with some extreme balancing actions and spreads between different pricing series. The data availability of the market is particularly good allowing for detailed market analysis, with forward schedules for generation by unit. Click to find out more >>   

ITALY

The Italian market is split into several sub-markets and sees a portion of power come from imports, wind farms, hydro plants and solar, with the remaining portion of the market coming from fossil fuel plants. This fossil fuelled generation is typically provided by gas plants in the market. Click to find out more>>

LATVIA

The Latvian market has several hydro plants that can provide a large share of generation when required, but with imports from Estonia and Russia being key at times and with the remainder of generation being met from gas-fired power plants.

LITHUANIA

Power demand within Lithuania is primarily met by power imports, with the country having connections into Belarus, Latvia, Poland, Russia and Sweden. The remaining power is provided primarily by wind farms and a small share of hydro generation.

MONTENEGRO

The Montenegrin power market features a blend of coal, lignite and hydro, with imports/exports of power playing a key role in this small power market.

NETHERLANDS

The Dutch power market sees very high levels of interconnector flows in and out of the country, and this along with the high levels of self-balancing set the tone for the market. Despite this, the system can see extreme system prices with particularly high price peaks and with the market affected by shortages of supply in neighbouring markets such as Belgium and oversupply in windy times coming from Germany.  Click to find out more >>

NORTH MACEDONIA

The Macedonian market relies predominantly on fossil fuels and hydro power and typically imports rather than exports power, with connections to Bulgaria, Greece and Serbia. The market is reasonably small and so can easily be affected by activity in neighbouring markets.

NORWAY

The power demand within Norway is primarily met by hydro plants and the levels of generation available from these hydro power units sets the overall supply / demand balance for the market. Power then is imported and exported with connections to Denmark, Finland, the Netherlands and Sweden.

POLAND

The Polish market remains dominated by lignite and coal with only a minimal share of generation from gas-fired plants. There are low levels of generation from wind farms and the country generally imports power, with connections with the Czech Republic, Germany, Lithuania, Slovakia, Sweden and Ukraine.

PORTUGAL

The Portuguese power market is tightly linked with the Spanish market as part of a wider Iberian power block. This market has high levels of wind generation and otherwise sees the balance of demand not met by renewables be provided by gas or coal power sources. Intraday auctions run between the day ahead auction and deliver and these run at intervals following the day ahead auction. Click to find out more>>

ROMANIA

The Romanian power market features a low carbon fuel mix with a large share of power coming from hydro and additionally from nuclear and wind power sources. This is supplemented by fossil fuel generation from coal and gas plants in the market.

SERBIA

The Serbian market produces a reasonably large share of generation of power from hydro plants, but with most of the power coming from lignite plants and with imports also playing a role in the country’s fuel mix. Currently, data is not available per generating unit for this market.

SLOVAKIA

The Slovakian power market has nuclear as the primary source of electricity generation, with a reasonably large share of power also coming from hydro plants. The remainder of power is met by a low level of gas, coal and lignite generation, with imports into the country often being significant.

SLOVENIA

The Slovenian power market sees levels of generation vary depending on activity at nuclear units in the market, with hydro also providing a significant share of generation. The remaining generation is provided by lignite plants and imports and exports vary in line with market changes. The connections for the market exist with Austria, Croatia and Italy.

SPAIN

The Spanish market is tightly linked with Portuguese market as part of a wider Iberian power block. Spain also has several LNG ports that bring gas into the country. This supports activity at gas-fired power stations that fill the remaining gap once nuclear, wind, hydro, solar and waste have produced power with these providing much of the generation for this market. Click to find out more>>​

SWEDEN

The Swedish power market has a very large hydro fleet it also generates a large share of electricity from nuclear plants. This coupled with wind farms supports exports out of the country. The connections to the market include Denmark, Germany, Finland, Lithuania, Norway and Poland.

SWITZERLAND

Generation within Switzerland depends on activity at the four nuclear plants in the market with additional generation from hydro supporting this activity. Interconnectors vary in the market as the countries pumped storage units support renewables in neighbouring regions.