ICIS Heren Adds Wind and Solar Power Coverage to Daily Electricity Report
By Icis Heren, PRNESunday, February 6, 2011
LONDON, February 7, 2011 - Renewable energy is forming an ever larger part of Europe's
installed power capacity, and concerns over the intermittent quality of wind
and solar generation make accurate information vital to market participants
and analysts.
The large amount of installed wind capacity in markets such as
Germany have made spot market pricing more volatile, while successful and
ongoing market coupling projects transmits this impact to other markets in
Europe. Government backing with preferential tariffs and subsidies have also
encouraged extensive investment in renewable capacity, so the influence of
wind and solar generation on market pricing is expected to increase rapidly
in the coming months.
ICIS Heren now offers subscribers access to a daily forecast of wind and
solar power from spotrenewables (www.spotrenewables.com). This is a
service from EuroWind Gmbh, a market leader in European renewables
forecasting. The daily forecast will show the sum of wind generation for 18
countries and all four German grid areas, as well as solar generation
forecasts for Germany, Spain, France and the Czech Republic.
These forecasts are made up to five days in advance, with the difference
from the previous expected generation for a particular delivery day
highlighted as predictions become more accurate.
The new coverage will be added to European Daily Electricity Markets and
traders and analysts alike can now see at a glance the levels of generation
to expect and how forecasts have been revised to ensure greater accuracy.
This can help them to fine-tune their portfolios in detail, as well as
providing a wider overview of trends across Europe as a whole.
ICIS Heren is an information service provider for gas, liquefied natural
gas, power, carbon and coal market intelligence. We publish a suite of
tailored reports providing news, analysis, benchmark price assessments and
indices. Through our reports we aim to bring liquidity and transparency to
power and gas hubs, helping you analyse the sector and make informed business
decisions.
For more information visit www.icis.com/heren
Reed Business Information
ICIS Heren is part of Reed Business Information,
www.reedbusiness.co.uk, (RBI), a division of Reed Business and a
member of Reed Elsevier plc (525), (UK:REL) (US:RUK) (NL:45443) the world's
leading publisher and information provider.
RBI publishes more than 100 market leading publications, directories and
online services, and organises many industry conferences and awards. The RBI
portfolio includes Banker's Almanac, Computer Weekly, Farmers Weekly, Flight
International, ICIS, Kellysearch, New Scientist, Personnel Today, Totaljobs
and XpertHR. For a full listing visit www.reedbusiness.co.uk
For further information please contact: Zoe Double ICIS Heren t: +44(0)20-7911-1875 e: zoe.double@icisheren.com www.icis.com/heren
For further information please contact: Zoe Double, ICIS Heren, t: +44(0)20-7911-1875, e: zoe.double at icisheren.com
Tags: February 7, ICIS Heren, London, Western Europe