European emissions trading system, success or failure?
The price of CO2 is on everyone's lips and adds to the concerns of consumers who have been increasing their costs for the purchase of energy since a couple of years ago’ summer. Starting with the drought that we suffered in the country since the beginning [...]
The end of the daylight saving time: how does it affect to the company’s energy costs?
September surprised bringing news that creates both sympathy and rejection at the same time: Brussels proposes the end of the daylight-saving time. Around 4.6 million people participated in a non-binding survey on the continuity of this measure and nothing less than 80% of the participants were [...]
Transmission System imbalances: A general overview from the consumer
All agents participating in the electricity market commit to generate or consume an accurate amount of energy in a precise future time interval (imbalance settlement period). When the final electrical energy provided (generators) or withdrawn (consumers) from the system differs from the one initially programmed and [...]
Crystal Ball – The uncharted territory of energy prediction
Is in human nature the necessity to have a “logic” explanation for everything that happens and in the energy market that’s no different. As normal, one tends to rely on the fact that an action triggers a reaction and the more informed you are about those [...]
CONTINUOUS INTRADAY MARKET EUROPE ELECTRICITY
In a context where securing a competitive and efficient energy supply is becoming increasingly important, the internal electricity market project in the European Union born. A market that allows increasing energy generation by non-polluting technologies. DAILY MARKETS WITH THE SAME BACKGROUND The project of an internal [...]
The (non) mistery of the flat omie
Things change. That’s just how it is. Sometimes they change to an outcome which is favorable to us, but other times that outcome is far away from our expectations. Case in point: the Spanish daily power spot market (emphasis on daily). Anyone with half an interest [...]