Power and renewables

Power Price Forecast - Updates

Regular reviews of past projections against historical wholesale price developments
Power price forecasting

Contact us:

Martijn Maandag

Martijn Maandag

Director Due Diligence

Power Price Forecast Updates

Since 2017, more and more customers are using our most likely future power price forecast to support their energy investment decisions. Whether it is a solar, wind or a biomass project, the curves can be used for all kinds of projects. To test our forecasts, we regularly review our past projections against historical wholesale price developments. This allows us to better understand any deviations in previous forecasts, and improve our simulations and resulting forecasts where necessary. 

Contact us:

Martijn Maandag

Martijn Maandag

Director Due Diligence

Update October 2019

In October 2019 we updated our forecast to include the Nordics, for which power price forecasts - on generation at plant level - are now available. For Norway and Sweden we now have off-the-shelf-reports available . 

We’ve also made more general updates to our model. Update includes: 

  • Nordics now available on detailed generation level. Norway and Sweden reports are off-the-shelf available. A Nordics report soon to be expected.
  • An additional sensitivity analysis with a stable CO2-price;
  • Adjustment of installed capacity of renewable energy assets, if feasible in our view, based on Energy Climate Plans in 2030.
Next update of our Power Price Forecast is expected at the end of 2019. This update will include our Energy Transition Outlook 2019 update.

Update July 2019

In July 2019 we updated our forecast to include a number of new countries, for which power price forecasts - on generation at plant level - are now available. These countries are:


- Croatia- Bosnia and Herzegovina
- Serbia- Montenegro
- Macedonia- Albania
- Romania- Bulgaria
- Greece- (Nordics expected end of September)

We’ve made several country-specific updates. Policy changes in various countries have led to an adjustment of the forecast. For example: while Germany has made a commitment to phase-out coal by 2038, no exact details have yet been decided in regard to which plants should be decommissioned and when. But some aspects are already clear and are incorporated into the updated power price forecast for the German market. For France, the adjustment of the nuclear capacity (according to the Government Policy for 2035 and based on scenarios for the development of nuclear prepared by RTE (the French Transmission System Operator) led to an updated forecast.