At last, an alternative choice is available in future power price data. Our Power Price Projections service gives you annual wholesale price projections backed by the energy modelling expertise of Enerdata and its globally recognised POLES model. The ultimate strategic tool for energy investors and developers to estimate their long-term returns on investments.
The proven methodological foundation of Power Price Projections is Enerdata’s proprietary POLES model: A robust, multi-country power projection model that is used by numerous energy companies, utilities, investors and developers worldwide.
Power Price Projections data utilises historical spot prices, which are indexed to the POLES model’s wholesale price projections going forward.
The first advantage of the POLES modelling approach for capacity and production planning is that it avoids the ‘winner-takes-all’ effect often observed in pure optimisation models. Due to the consideration of historical capacity and production mixes, along with the introduction of non-economic competition parameters, POLES allocates electricity generation technologies on the basis of LCOEs and variable costs, with the possibility of more easily adjusting competition between these.
The POLES model considers technology classes with their technical, economic and environmental parameters, with a year-by-year, recursive approach presenting two main advantages compared with optimisation models:
The other clear added-value of POLES is that sectoral energy demand is endogenous and can be modelled/refined by the user, who will find logical retroactions between supply and demand of electricity. Energy system optimisation models, in contrast, generally use energy demand as an exogenous input parameter – once again reflecting either a fixed long-term assumption or a perfect long-term foresight for agents of the energy system.
Describes a continuation of past trends and a world with a lack of support for GHG emission mitigation.
The EnerBase emission trajectory leads to a temperature increase between 5°C and 6°C.
Based on the successful achievement of the 2030 NDC targets, which enable control of energy demand growth and CO2 emissions through 2030.
The EnerBlue emission trajectory leads to a temperature increase between 3°C and 4°C.
Stringent climate policies and ambitious climate change mitigation trajectories lead to significantly improved energy efficiency and strong deployment of renewables.
The EnerGreen scenario explores a world in which temperature increase is limited to 2°C.