Market Summary
- On average wind produced 1.19GW across the week, 21% down from week 15.
- Although wind output was down we didn’t see an uplift in power prices with the Day Ahead price down 9% from week 15. (Average €50.62/MWh, Max €79.01/MWh and Min -€0.10/MWh)
- NIV positive (short) for 162 times and negative (long) for 174 times.
- Negative SIP accounted for 7 periods throughout the week (Average €55.84/MWh, Max €367.26/MWh and Min -€144.38/MWh).
- Average Gas price (NBP front month) gained 10% from week 15 (Average 35.25 p/th, Max 37.25 p/th and Min 34.45 p/th).
Overview of Market Prices
Unit |
Average |
Max |
Min |
Positive |
Negative |
|
Demand |
GWh | 4.20 | 5.30 | 2.87 | ||
Wind |
GWh | 1.19 | 3.87 | 0.04 | ||
NIV |
MWh | -0.27 | 67.27 | -57.77 | 162 | 174 |
DA |
EUR/MWh | 50.62 | 79.01 | -0.10 | 332 | 4 |
GAS |
GBP/thp | 35.25 | 37.25 | 34.45 | ||
SIP |
EUR/MWh | 55.84 | 367.26 | -144.38 | 329 | 7 |