Email of the day on long-term electricity prices
Hope the family is fine and that by now you are fully accustomed to your new home in Texas, away from wokist California! My son is contemplating a renewable energy venture and is wondering about MWh price for selling forward electricity production (production facility based in Luxembourg) up to 15 years. There are so many exchanges (EEX, ICE, ASX, CME, NASDAQ, etc.) type of contracts (country, peak and base) that I am somewhat lost, this not being my area of expertise. From what I read they are rather short dated (I saw an EEX 2026 for German electricity and I am unsure about spreads and liquidity). What would advise based on the above?
Thank you for this topical question which may be of interest to the Collective. I can unreservedly say that moving to Texas was a blessing and my daughters are thriving as a result. The wide difference in the price of electricity between the two states is a reflection of differing policy and the dynamics of the market.Click HERE to subscribe to Fuller Treacy Money Back to top