Forecasting future power prices is a highly complex task as prices depend on drivers such as future fuel prices, energy policies and grid developments, which are all embedded in uncertainty. Nonetheless, forecasts are crucial for the strategic decision-making of market players in the energy industry.
At Ea Energy Analyses, we excel at forecasting future power prices and technology specific capture prices in European markets. We combine energy market expertise, a unique power system model and scenario analyses to deliver value beyond isolated onetime forecasts.
Read more about our expertise and methods in our Power Price Forecasting brochure
The list of projects below illustrates the types of projects we have been working on.
In Sweden, the high power prices stirred a contrafactual discussion focusing on the hypothetical impact on the electricity prices if all the reactors at Ringhals nuclear power plant..
The crisis in Ukraine has had unprecedented effects on European energy markets. At the time of their invasion of Ukraine, Russia covered approximately 40% of the European gas..
To ensure security of supply in the electricity system, Energinet buys various types of reserves for the market areas DK1 and DK2, which covers West and East Denmark,..
Ea Energy Analyses has made a projection of electricity market prices towards 2050 for the DK1 bidding zone (Western Denmark) for AffaldVarmeAarhus (Danish waste, recycling, and heating company)...
Ea Energy Analyses has assisted Swedish research institute Energiforsk on an analysis of the system costs of various energy technologies. The analysis has given input to an update..
There is a continuous conversion of individual natural gas customers to district heating in the Danish capital area. Project proposals addressing the socioeconomic consequences must be prepared for..
To ensure security of supply in the electricity system, Energinet buys various types of reserves for the market areas DK1 and DK2 (areas covering West and East Denmark,..
In this project, Ea Energy Analyses carried out an analysis of shore power in Nuuk harbour for the Greenlandic utility company Nukissiorfiit. The analysis focused on the options..
In this project, Ea Energy Analyses carried out an analysis of the waste area on behalf of HOFOR (the utility company for the capital). In the district heating..
In 2015, Ea Energy Analyses developed a tool for estimating levelized cost of energy (LCoE) in collaboration with the Danish Energy Agency. The tool calculates the levelized cost..
The LCoE Calculator was originally developed in a collaboration between the Danish Energy Agency and Ea Energy Analyses, as an online tool for calculating production costs of electricity..
Ea Energy Analyses has carried out a wood pellet survey of the total supply of wood pellets to the Danish market in 2016, on behalf of the Danish..
Based on a methodology developed by Ea Energy Analyses, the Danish Energy Agency utilises energy commodity forwards and future prices in combination with long-term price forecasts to arrive..
Ea Energy Analyses has twice previously provided the Danish Energy Agency (Energistyrelsen) with long-term price forecasts for biomass (wood pellets, wood chips and straw), with the most recent..
Using the electricity market model Balmorel, Ea Energy Analyses assisted Skellefteå Kraft (Swedish power company) with a long-term forecast of spot market prices and capture prices for selected..
A feature of the electricity market is the trade with ongoing contracts, which can be used to insure a set electricity price in the future. As an example,..
Vattenfall decided to close Ringhals unit 1 and 2 by 2025, earlier than previously planned. Instead, the shutdown of 1.5GW capacity occured in 2019 and 2020. Ea Energy..
Ea Energy Analyses, in collaboration with DTU Management Engineering Systems Analysis division, participated in the joint project of Agora Energiewende and Global Utmaning concerning the integration of Nordic..
The Danish Energy Agency (DEA) assess the future fuel prices periodically for the use of projections and economic analyses, and a part of that work is updating the..
On behalf of the Danish Energy Agency, Ea Energy Analyses has analysed the development of biomass prices at the place of consumption. As a part of the assignment,..
Today, wind power represents more than 30% of the domestic electricity supply in Denmark. Both national and international plans indicate that the share of wind power will increase..
On behalf of a private sector client, Ea Energy Analyses undertook an investigation of the potential technical, economic, regulatory, political and environmental challenges associated with shale gas extraction..
In this analysis, the power market model Balmorel was used to quantify the consequences of allowing electricity trade between Estonia/Latvia and Russia. The data for Russia was updated..
In association with the Technical University of Denmark, Ea Energy Analyses carried out a study for the Danish Energy Agency (DEA), which is part of the DEA’s periodic..
Ea Energy Analyses has carried out an investigation of future willingness-to-pay (WTP) for biomethane certificates in Denmark. The investigation is based on a general analysis of voluntary willingness..
A good website for electricity price comparison can be one of several instruments to encourage a more efficient retail market. It will give the interested consumer the possibility..
The Danish Energy Agency periodically publishes guidelines and assumptions for socio-economic analyses within the energy field. For the edition of assumptions for socio-economic analyses within the energy field..
On behalf of the Danish Agriculture and Food Council, Ea Energy Analyses has made a SWOT analysis (strengths, weaknesses, options and threats) of the intelligent energy system based..
On behalf of Copenhagen Energy and District heating Fyn, Ea Energy Analyses undertook an analysis of the market structures for the trading of biomass. The analysis contained an..
Ea Energy Analyses has made a new study of the development of the electricity prices since 1995 for the Danish Energy Agency. The study describes the development of..
The project demonstrated how electrically heated households can respond to fluctuations in electricity prices. More than 500 households participated in the demonstration project. Only automatic devices were effectiveThe..
Find information about one of our projects in Türkiye here.