Electricity Prices, markets & analysis
The European wholesale electricity markets are developing quickly, with liquidity growing across the continent. Electricity professionals in this rapidly moving market need access to independent and reliable information to help them make decisions faster.
At ICIS, we provide expert coverage of the electricity markets in Europe, supplying readers with the latest over-the-counter price assessments and news, monthly analysis on power price drivers, plus, unrivalled information on the European renewable energy markets.
Our information is aimed at electricity professionals across Europe, providing them with all the prices and insights they need to trade wholesale power, buy and sell renewable energy certificates and analyse the latest developments.
Electricity Overview Transcript
The interesting thing about the European Electricity markets is that electricity can’t be stored so unlike other commodities, you don’t have the ability to put things in storage, and you don’t have those dynamics.
The grid has to balance the power market every minute of every hour of every day.
Another thing that’s making electricity really interesting right now is that it’s a key part of the renewable energy policy of the European Union. The European Union is relying on power to make up most of its renewable energy targets. And so gas-fired generation, coal-fired generation and hydro-generation is coming together with newer forms of renewable forms of generation such as wind and solar and the differences in weather make for very volatile pricing.
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Electricity news and market information products from ICIS
We offer the following regional Electricity analysis and news coverage to keep you informed of factors and developments affecting prices in the Electricity marketplace.
Price Reporting – More information about the price reports we publish on Electricity
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Electricity
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Electricity
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Electricity: Market overview
Electricity markets across Europe generally edged lower in May as demand eased, before summer temperatures set in, boosting consumption and pulling power prices higher in July.
The passing of the carbon emissions back-loading proposal at the second attempt offered support to longer-dated contracts across the region as early as mid-June, having been priced in by emissions traders during the three weeks prior to the vote.
An oversupplied coal market led to positive power generation economics for coal-fired plants, while renewables saw strong production assisted by well-stocked hydropower systems and new wind capacity. But margins for gas-fired generators were bleak, as weak power demand combined with strong supply to pull power prices to low levels on a historical basis.
As a result the German and French front-year contracts continued to explore their downside potential, while a similarly weak trend was seen on forward curves in Hungary and Poland.
And while longer-dated contracts on some markets retained backwardation, the pattern was bucked in the UK, where the incremental carbon floor supported forward curve prices.
Updated to mid-August 2013
News & analysis
Electricity news & analysis
The financial value of electricity is established by two methods: 1.Price Assessments. ICIS assesses the market closing prices for a range of European power hubs on the day of publication, and publishes a price range for each delivery period on a number of liquid markets. This is known as the BID-OFFER RANGE, representing the highest buyer’s bid and the lowest seller’s offer at the relevant close of each market. 2.Indexation (Heren Index).
Indices are published for a variety of delivery periods and delivery points. Each Heren Index is a transaction-based price, calculated using the volume-weighted average of eligible transactions (trades) for the relevant delivery period reliably reported to ICIS.