AleaSoft

The Portuguese government has disclosed some of the preliminary outcomes of the nationwide solar auction which closed on Tuesday. Antonio Delgado Rigal, president of energy forecasting solution Aleasoft, said that the 15-year contracts granted in the auction were the vital to understanding the reason of such an affordable price. This, combined with the civil liberties for land as well as grid link guaranteed by the auction, makes attractive bidding at small cost.

AleaSoft analyses fuel market prices, carbon emission rights, European electricity markets and renewable energy production. Last week most prices rose on the previous reporting period as solar and wind power production varied by country.