Change of Austrian Spot Price Forecast

Austrian Energy Day in Vienna
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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