Managing Pricing Uncertainty for Renewables

POSTED BY Joseph Collins ON November 22, 2017 IN Blog, E/CTRM

Especially in Europe, renewable energy generation—specifically, wind and solar energy—comprises a significant percentage of the overall energy-generation mix. According to Bloomberg New Energy Finance, newly installed renewable capacity was at 138.5 gigawatt (GW) in 2016—an increase from 127.5 GW in 2015 and 106 GW in 2014. Electricity prices, which already exhibit large intraday variations because …

Ireland and the European Electricity Market: Changes on the Horizon

POSTED BY Joseph Collins ON May 8, 2017 IN Analytics, Blog, Digital Transformation, E/CTRM

So what’s happening in Ireland’s electricity market? Well, in May 2018 the current electricity market, the Single Electricity Market (SEM), will cease to exist and it will be replaced by the Integrated Single Electricity Market (I-SEM). Two immediate questions spring to mind. Firstly, why the change? Secondly, what are the main features of this new …

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