Comments on negative wholesale prices across the SEM

Comments on negative wholesale prices across the SEM: Research from Cornwall Insight Ireland shows a continuation of the power markets in the Single Electricity Market (SEM) out turning negative. From the 5th of July, all Intraday and day-ahead markets in the SEM have displayed periods where daily market activity has averaged below €0.0/MWh.   Since…
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Irish energy demand increase as lockdown is lifted

Irish energy demand increase as lockdown is lifted: Research from Cornwall Insight Ireland highlights that as the COVID-19 restrictions are lifted across Ireland, energy demand in the Single Electricity Market (SEM) has increased. Weekday demand has risen by 3% (3GWh) on average, with current weekday demand levels averaging 94GWh since the lockdown restrictions started to…
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Will Irish households benefit from falling wholesale prices?

Will Irish households benefit from falling wholesale prices? Wholesale prices across the Single Electricity Market (SEM) fell to record lows in April. Joe Camish Analyst at Cornwall Insight Ireland discusses these developments and what this might mean for electricity users across Ireland.   The most prominent of these were the movements in the day-ahead power…
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Negative wholesale prices in the SEM

Negative wholesale prices in the SEM –  comments by Cornwall Insight Ireland : On 5 April, the Irish Single Electricity Market (SEM) experienced a negative day-ahead trading price for almost the whole day.   The below graph shows the day-ahead market starting at -€6.0/MWh, before falling as low as -€14.5/MWh at 2:00 pm. Overall, the…
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