Through a comprehensive set of deliverables, EES provides clients with independent and timely analysis of European electricity markets — including fundamentals data, price forecasting and analysis of market developments. Whether you are producing, selling, buying or trading electricity, the service offers an unsurpassed competitive edge through ongoing analysis of supply/demand fundamentals and price movements — actual and forecast, region by region — in Europe.
EES deliverables are provided via email and PIRA Online, as well as through direct contact with consultants and analysts over email and phone and at seminars. These deliverables include:
All retainer service deliverables are available via PIRA Online (inclusive of a robust archive) and/or via email — including daily, weekly and monthly reports, and market data. Client consultation. They are as follows:
This staple report is the core of the European Electricity Service, covering supply/demand balances, cross-border trading issues and the outlook for prices across Western Europe going forward (1-12 months). The report is issued at the end of the month, containing main dispatching dynamics all across Europe, stretching from the U.K. to Spain, Italy, Germany and Eastern European markets.
This weekly dispatch addresses short-term market issues and offers an up-to-date market analysis on key issues impacting electricity prices
These special features contain in-depth insights into particular aspects of the European electricity markets. Readers benefit from long-term forecasts combined with short-term insights, which integrate macroeconomic analysis with energy market fundamentals. Special Features have recently included:
This monthly report features a slideshow detailing marginal costs for over 3,300 plants covering 18 countries. The report takes into account the expected retirements and new-builds, outages and technical unavailability, together with environmental costs.
The Merit Orders slideshow is updated monthly, at end-month, and posted on PIRA Online.
This essential deliverable provides a summary report of the 10-day forecast for 20 countries, sent by email every morning (including weekends), showing an overview of the load deviation versus normal and versus the forecast from the previous day. The goal of this deliverable is to offer a more frequent look at demand drivers affecting movements on the forward price curve. In addition, detailed hourly forecasts by country are also available through the EES Portal.
PIRA’s internet-based information service gives EES clients exclusive, timely and convenient access to PIRA’s analysis and price forecasts for European electricity markets. PIRA Online is the easiest way for clients to take advantage of multiple-user, multi-site licenses. Some of the reports and data available online include:
A key feature of all PIRA retainers, the Energy Price Portal allows users quick and easy access to all of PIRA's latest energy price forecasts (both short- and long-term) for European electricity markets.
A key feature of the Energy Price Portal is PIRA’s Equation Manager, a specially designed utility that allows users to define, analyze and store up to 100 custom price spreads — across commodities and inclusive of freight — in the form of multi-variable equations that use PIRA’s forecast prices.
With the Equation Manager, users can store individual configurations and use these spread relationships as a predictive tool in forecasting price developments. As the data get updated, so to automatically do the equations.
The Portal also provides the ability to create and export large data sets in Excel, CSV and PDF formats, in addition to click-of-the-mouse charting capabilities. No more searching through multiple reports to locate prices; no more hand-entering data into your spreadsheets.
The Portal’s forecast horizons include both short-term (monthly averages to December 2013) and long-term (annual averages to 2030). Electricity prices contained in the Energy Price Portal include Germany, France and the United Kingdom.
The seminar presents our medium- and long-term (to 2030) outlooks for oil, gas, coal and electricity markets. The setting allows clients close contact with the consultants who prepare the forecasts. All presentations (audio and visual) are also available via PIRA Online. (The number of invitations depends on a client’s retainer package and licensed distribution.)
Clients can obtain timely analytical support and additional market information while discussing our latest insight on short-term European electricity markets with PIRA analysts.
Clients receive discounts when adding other retainer services (e.g. N.A. Electric Power, European Natural Gas, International Coal) or when purchasing multi-client studies.
PIRA believes that “knowing the numbers” of generation, demand, cross-border trading and price is essential to achieving success and winning in this new and hard-to-predict market. As such, EES will benefit:
PIRA's European Electricity Retainer Service can be purchased on its own or together (with a discount) in a package with the European Natural Gas Retainer Service. Clients of other PIRA retainers — e.g. North American Electricity — may subscribe to EES under discounted terms. For prices and licensing options, please contact your PIRA account executive.