Launching improved flagship model Quantum 1.0 - DE/LU Prices Fri Apr 24: Negative Midday With Peak at 134 EUR/MWh
Today, we re-start publishing our day-ahead electricity price forecast for the DE/LU bidding zone with our new and strongly improved flagship model Quantum 1.0. Below you can find today's forecast and a concise interpretation.
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In tomorrow's post, you will find an honest review of how today's forecasts performed on the market.
- 📈 Daily price pattern: Prices hold a stable floor of €84–92/MWh through to 04:00, then ramp sharply through the early morning to reach a peak of €134.29/MWh at 07:00 before solar generation begins to suppress prices, dropping below €30/MWh by 09:45 and turning negative shortly after 10:45. In the evening, prices recover firmly to €132–133/MWh between 19:45 and 20:15 before gradually easing to €91/MWh by midnight, tracing a pronounced duck-curve typical of spring Fridays in the DE/LU zone.
- ☀️ Negative prices: The forecast records 21 quarter-hours of negative prices across a window stretching broadly from 10:45 to 17:00, with the deepest trough of -€27.31/MWh occurring at 14:15, driven by solar feed-in peaking on a clear spring weekday.
- 📊 Intraday spread: The forecast intraday spread reaches €161.60/MWh, measured from the -€27.31/MWh midday trough to the €134.29/MWh morning peak. Both the morning and evening peaks sit well above the current European seasonal average.
Based on increasing interest from traders and direct marketers, we have started supplying our forecasts to selected customers. If you are interested in a free trial, please reach out to us and we will be happy to discuss how our forecasts can amplify your operations.
