Price Forecast for Power Spot Markets

The ior/cf-HSG offers a daily information service which includes long- and short-term prognoses as well as analyses of related volatilities. For the electricity markets Germany, Austria, Switzerland, and France hourly price forward curves (HPFCs) and corresponding confidence bands are generated for a long-term horizon of up to six years. Level, shape, and fluctuations of the electricity price determine the profitability of production, storage, and transmission technologies. Sufficient ups and downs constitute the business model of flexible producers, time-invariant ones the reason for investments in correlated production like from solar energy. Lower levels, less reliable seasonal patterns, and fewer extraordinary situations alter market power and risk exposures. This information is complemented by short-term spot price prognoses, analyses of volatility structures, spot and forward risk profiles, and intraday price limits. The provided information is in line with the respective market.