MARKETS 2023
Energy and prices scheduled for security reasons
Information based on provisional data as of January 2024
The energy scheduled for the resolution of technical restrictions amounted to 16,522 MWh, 99.4 % higher than in the previous year. A total of 83.7 % of the total energy has been scheduled upward. This year, the upward energy scheduled has doubled compared to 2022, while the downward energy scheduled only increased by 30.1 %.
The energy for restrictions to the daily base operating schedule (PDBF) was 9,502 GWh upward (compared to 4,531 GWh in 2022) and 1,512 GWh downward (14.2 % higher than 2022). The average value of the upward energy price was €170.9/MWh, 27.4 % lower than last year, and the downward energy price was €76.1/MWh, 47.5 % lower than last year. The impact on the average final price was €4.58/MWh, compared to €2.00/MWh the previous year.
The scheduled energy in phase I of the PDBF technical restrictions corresponded almost entirely to upward combined cycle and coal technologies. The downward energy in phase I is less than a sixth of the upward energy and corresponds largely to renewables (80 % to wind and solar).
The scheduled energy for technical restrictions in real time amounted to 5,508 GWh, more than double the previous year's value. The remaining 78.7 % corresponds to upward allocations and the remaining 21.3 % to downward allocations. The impact on the average final price was €3.66/MWh, compared to €2.68/MWh the previous year.
Energy by restrictions to PDBF and real-time
Average weighted prices by restrictions to PDBF and real-time
€/MWh
Electricity markets
Replacement reserves markets
Electricity markets
Balancing markets