I-SEM in Review – Week 10

 

Market Summary
  • Wind produced 2.12GW (All Ireland) on average throughout the week, 65% up from the week 9.
  • Day Ahead fell back by 8% with an average price of €51.14/MWh (Max €88.69 and Min €1.00).
  • NIV positive (short) for 183 times and negative (long) for 153 times.
  • SIP spiked during high demand and as wind generation fell,  negative prices occurred for only 6  periods during the week (average €53.52/MWh, Max €236.66 and Min -€12.77).
  • Gas (NBP front month) was up 5% with an average price of  46.13p (Max 46.95p and Min 43.45p).

 

Overview of Market Prices
Unit
Average
Max
Min
 Positive
Negative
 Demand
GWh 4.55 5.89 3.17
 Wind
GWh 2.12 3.42 0.37
 NIV
MWh 2.88 88.69 88.13 183 153
 DA
EUR/MWh 51.24 155.00 1.00 336
 GAS
GBP/thp 46.13 46.95 43.45
 SIP
EUR/MWh 53.52 236.66 -12.77 330 6
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