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Dec 11, 2024 | 
montelnews.com | Kristin Schneider
Share: URL has been copied to clipboard German day-ahead hourly prices soared to an 18-year high of EUR 936.28/MWh in today’s auction as wind generation levels were expected to dip well below the seasonal norm.
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Sep 30, 2024 | 
montelnews.com | Kristin Schneider
Statkraft targets 1 GW onshore wind in Germany by 2030 (Montel) Norwegian utility Statkraft aims to increase its onshore wind capacity in Germany from around 600 MW currently to more than 1,000 MW by 2030, the company told Montel on Monday.
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Sep 26, 2024 | 
montelnews.com | Kristin Schneider
Austrian spot power price to double by 2030 – Aurora (Montel) Austria’s day-ahead power price is set to double by 2030 compared with pre-crisis levels due to rising commodity and carbon prices, said Lars Jerrentrup, energy market expert at Aurora Energy Research, on Thursday.
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Sep 24, 2024 | 
montelnews.com | Kristin Schneider
GERMAN – Power futures trade sideways in uncertain market (Montel) German power futures moved sideways on Tuesday in an uncertain market, but market participants expect more upside potential.
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Sep 19, 2024 | 
montelnews.com | Kristin Schneider
GERMAN – Spot power eyes EUR 4 drop on more wind, solar (Montel) German day-ahead power prices looked set to drop around EUR 4 on Thursday as forecasts indicated a rise in both wind and solar power generation levels amid flagging demand.
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Sep 17, 2024 | 
montelnews.com | Kristin Schneider
Reservoir content Switzerland week 38: 84.0% (+1.0) (Montel) 17 Sep 2024 | 15:51 Share: URL has been copied to clipboard GWh week 38 % wk 38 % wk 37 % wk 36 Valais 3,550 87.2 86.8 87.8 Graubünden 1,627 82.2 80.3 80.8 Ticino 1,071 86.0 84.6 83.3 Other areas 1,228 76.8 75.6 76.8 Total Switzerland 7,476 84.0 83.0 83.6 River flow in the Rhine by Rheinfelden m3/s at 12:00 CET Monday Interpolated avg 1933-2021 % of average 974 (858) 1,008 (1,025) 97 (84) Note: Previous week in brackets Source:...
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Sep 17, 2024 | 
montelnews.com | Kristin Schneider
The contract briefly touched EUR 83.25/MWh in the morning session, on the EEX, the lowest level since 10 April. However, it last stood at EUR 85.05/MWh, up EUR 1.10 on the day. “This is not a trend reversal, we continue to see a bearish market,” said a trader, noting power prices were “once again” following gas and carbon movements. Recently, further risks related to the conflicts in the Middle East and between Ukraine and Russia have been priced out, he said.
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Sep 9, 2024 | 
montelnews.com | Kristin Schneider
The front-year contract was last seen EUR 0.45 higher at EUR 90.90/MWh on the EEX, after hitting a six-week low of EUR 89.54/MWh earlier. Over the course of last week, the contract had shed around EUR 6. The front month was last seen up EUR 1.03 at EUR 84.24/MWh, holding above its five-week low of EUR 80.87/MWh reached last Thursday. Last week, risks were being priced out, while speculative traders were taking profits, said a portfolio manager.
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Sep 6, 2024 | 
montelnews.com | Kristin Schneider
Peak solar generation should be subdued by cloudy conditions next week, ranging from 21-28 GW, said Ubimet. Average solar output should be around 6 GW, more than 20% below the seasonal norm, according to MetDesk. In the week from 16 September, however, solar generation should pick up again, reaching an average of around 8.7 GW. Montel Analytics pegged the seasonal average for the next fortnight at 9.2 GW and 8.6 GW.
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Sep 5, 2024 | 
montelnews.com | Kristin Schneider
GERMAN – Spot power eyes EUR 11 jump on less wind, solar (Montel) German day-ahead power prices looked set to rise by around EUR 11, or 17%, on Thursday as forecasts indicated a drop in wind and solar output levels.
