Market Summary
- Wind production was up 14% against the previous week producing 1.5GW (All Ireland).
- Day Ahead price up 6% from the previous week (Average 48.24, Max 120.00 and Min 0), with the first 3 days remaining high whilst second half dropped as participants saw high wind output.
- NIV positive (short) for 179 times and negative (long) for 157 times.
- Negative SIP accounted for 50 pricing event throughout the week. (Average 31.20, Max 312.83 and Min -221.26).
- Average Gas price (NBP front month) dropped down 2.69% from the week 34. Its Ave 26.36, Max 27.75 and Min 25.25.
Overview of Market Prices
Unit |
Average |
Max |
Min |
Positive |
Negative |
|
Demand |
GWh | 3.89 | 4.85 | 2.61 | ||
Wind |
GWh | 1.50 | 2.97 | 0.21 | ||
NIV |
MWh | -2.00 | 54.01 | -82.84 | 179 | 157 |
DA |
EUR/MWh | 48.24 | 120.00 | – | 336 | – |
GAS |
GBP/thp | 26.36 | 27.75 | 25.25 | ||
SIP |
EUR/MWh | 31.20 | 312.83 | -221.26 | 286 | 50 |