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Day-ahead Market
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Energy storage and flexibility
SEM Focus: Day-ahead power turns negative to record low
Last weekend saw the day-ahead power price average negative for only the second time since the new trading arrangements commenced back in October 2018. The first such negative pricing event occurred on 5 April, when the day-ahead power price averaged -€2.5/MWh. Saturday 23 May saw the power price outturn lower...
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Power and gas networks
Wholesale energy prices fell to record lows in April
This week we look back at wholesale power price developments throughout April, a month which saw notable bearish price movements. The most prominent of these were the movements in the day-ahead power price. Across April the price averaged €28.0/MWh, the lowest monthly average since the commencement of project I-SEM back...
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Low carbon generation
Revelation: RESS-ult?
The renewables sector cautiously welcomed the 24 July decision on the High-Level Design (HLD) of the Renewable Energy Support Scheme (RESS). The HLD’s emphasis on the first RESS auction supporting projects that could be built out by the end of 2020 energised the solar community. The Irish Wind Energy Association...
