Market Summary
- A further fall in wind output last week, generating only 0.50GW on average throughout the week, 61% down from the week 12.
- Day Ahead power price was up 11% (Average €55.04/MWh, Max €110.83/MWh and Min €32.77/MWh).
- NIV positive (short) for 138 times and negative (long) for 198 times.
- System price maintained at €59.56/MWh with only 5 period of negative pricing events (Max €244.52/MWh and Min -€118.65/MWh).
- The fall in Gas price continued last week achieving an average of 35.80 p/th (NBP front month) (Max 37.15 p/th and Min 35.50 p/th.
Overview of Market Prices
Unit |
Average |
Max |
Min |
Positive |
Negative |
|
Demand |
GWh | 4.30 | 5.29 | 3.05 | ||
Wind |
GWh | 0.50 | 1.25 | 0.09 | ||
NIV |
MWh | -2.46 | 46.97 | -38.71 | 138 | 198 |
DA |
EUR/MWh | 55.04 | 110.83 | 32.77 | 334 | – |
GAS |
GBP/thp | 35.80 | 37.15 | 35.50 | ||
SIP |
EUR/MWh | 59.56 | 244.52 | -118.65 | 329 | 5 |