Market Summary
- Wind production was down 50% against last week with an All Ireland output averaging 1.28GW.
- Due to the lower output, Day Ahead power prices were up 18% achieving an average price of €55.56/MWh (Max €96.73 and Min €32.50)
- NIV positive (short) for 183 times vs negative (long) for 153 times.
- SIP remained volatile throughout the week with an average of €66.47/MWh (Max €464.75 and Min -€165.79).
- Gas (NBP front month) continues to maintain a weak price with a further 2% drop against last week. (Ave 45.14, Max 45.90 and Min 43.90 ).
Overview of Market Prices
Unit |
Average |
Max |
Min |
Positive |
Negative |
|
Demand |
GWh | 4.46 | 5.84 | 3.10 | ||
Wind |
GWh | 1.28 | 3.76 | 0.14 | ||
NIV |
MWh | 1.09 | 134.11 | -60.77 | 183 | 153 |
DA |
EUR/MWh | 55.56 | 96.73 |
32.50 |
336 | – |
GAS |
GBP/thp | 45.14 | 45.90 | 43.90 | ||
SIP |
EUR/MWh | 66.47 | 464.75 | – 165.79 | 316 | 20 |