Wholesale market

Capacity Balance Market: A plunge to zero in 2020?

In our first blog entry of the year, we discussed the 10 trends to watch in the Mexican energy sector throughout 2021. Among these, our team forecasted the Capacity Net Price would plunge to zero during the 2020 Capacity …

Snowstorm in the US, Power Outage in Mexico

Power infrastructure is not prepared to face the climate emergency threat. Just last week, the Uri winter storm left close to 4.3 million Texans in complete darkness! Repercussions were felt beyond US borders, particularly in Mexico, where a shortage …

Mexico: AMLO Preferential Law Initiative

Over the past two years, the Mexican federal government has been trying to enact their energy policy through a series of controversial publications. Nevertheless, to this date, none of these have caused any real changes on the system.

One of …

2021 Spanish Auction: who won?

With this short notice we continue our data analysis on the latest Spanish auction.

See our first publication here.

Spanish companies are the great winners of this auction

This auction was open to any company, and it has been awarded mostly to …

Power Outages: A Matter of Reliability or Flexibility?

A massive power outage hit the National Interconnected System1 of Mexico last December 28th, leaving close to 10.3 million users without electricity supply for two hours. While this is not the first time an event of such nature occurs2, …

Mexico: Top 10 Energy Industry Events in 2020

The year 2020 has been quite a journey! Over the last twelve months, the global economy has experienced a deep recession, impacting every sector along the way. The energy industry was no exception, where an unprecedented collapse in oil …

AMLO Memorandum: Potential Changes to the Economic Dispatch Model

The AMLO administration has tried to introduce several regulatory changes with the objective of strengthening CFE. In the past months, industry participants have issued amparos against some of these regulatory modifications, such as the CENACE and SENER Rulings. While …

Negative prices in Iberia: Who cares?

On Tuesday December 1st, 2020, OMIE president, Carmen Becerril, announced that the current price limits for Iberian Daily Market (EUR 0/MWh to EUR 180/MWh) were going to be modified in order to follow the same limits as other European …

Chile: Costos marginales, históricamente bajos

Desde ya hace unas semanas se han comenzado a observar costos marginales en torno a 0 USD/MWh. Esto principalmente dada la alta disponibilidad de recursos renovables, menor demanda y un sistema de transmisión con menores desacoples.

En particular esta semana, …