Change of Austrian Spot Price Forecast

Austrian Energy Day in Vienna
Product
Oct. 15, 2019

Up until Friday, October 9th, 2019, our spot price forecast for Austria was for the 10:15 EXAA spot price. With sufficient history to estimate a model for the 12:00 AT EPEX price one year after the DE/AT market split October 1st, 2018, we have now switched our spot price prognosis to forecast the 12:00 EPEX price.

This same contract can also be traded on other exchanges like Nordpool and EXAA. Volumes traded at the 12:00 EPEX auction are in general much larger than those traded at the 10:15 EXAA auction, up to a factor 10 for a given day. Furthermore, 12:00 EPEX prices are more coupled with the rest of CWE price areas than the 10:15 EXAA prices, since this AT price is directly coupled with the DE price.

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