Why are Power - German Baseload (EEX) Prices so high?
30-09-2026 - Over the past month, the price of German Baseload (EEX) has risen from €126.76/MWh to €144.82/MWh, indicating a strengthening market for this commodity. This increase may reflect changes in demand or supply dynamics. However, the forecast predicts a decrease to €137.04/MWh, a 5.4% drop from the current price of €144.82/MWh, suggesting a potential downward trend. This forecast highlights the risk of price volatility, which could affect its accuracy.
The forecast anticipates a downward trend in raw material prices, primarily influenced by technical data, with a notable impact of -€6.18/MWh. Key factors contributing to this trend include Trend Following (-€6.00/MWh) and Futures Curve (-€1.56/MWh), with all data types consistently indicating downward pressure.
An analysis by Elbe Energie, dated November 4, 2023, projects that power prices will stabilize around €120/MWh over the next four weeks. This represents a decrease from the recent peak of approximately €125/MWh observed on October 26, 2023. The report attributes this initial easing to geopolitical events but warns that the unpredictable international situation could lead to rapid price fluctuations due to both supply-side (price-increasing) and demand-side (price-decreasing) factors. This external analysis aligns with the forecasted downward trend in the EEX Power market.
The forecast anticipates a downward trend in raw material prices, primarily influenced by technical data, with a notable impact of -€6.18/MWh. Key factors contributing to this trend include Trend Following (-€6.00/MWh) and Futures Curve (-€1.56/MWh), with all data types consistently indicating downward pressure.
An analysis by Elbe Energie, dated November 4, 2023, projects that power prices will stabilize around €120/MWh over the next four weeks. This represents a decrease from the recent peak of approximately €125/MWh observed on October 26, 2023. The report attributes this initial easing to geopolitical events but warns that the unpredictable international situation could lead to rapid price fluctuations due to both supply-side (price-increasing) and demand-side (price-decreasing) factors. This external analysis aligns with the forecasted downward trend in the EEX Power market.
What is the current / spot price of Power - German Baseload (EEX)?
Power - German Baseload (EEX) Price Today
September 30, 2026
Current Price
144.82
What is the forecast for the price of Power - German Baseload (EEX)?
Power - German Baseload (EEX) Price Forecast
September 30, 2026
1 Month Forecast
137.04
1 Year Forecast
133.95
What are the short-term drivers of Power - German Baseload (EEX) prices?
Over the 1 Month horizon the outlook is bearish due to drivers such as: - Long term price trends - The shape of the futures curve - Germany PMI - US Equities Br(None) The top contrary drivers for the 1 Month horizon are: - Short term price trends
What are the long-term drivers of Power - German Baseload (EEX) prices?
Over the 1 Year horizon the outlook is bearish due to drivers such as: - Short term price trends - Long term price trends - Seasonality trends for the prediction week of year - The shape of the futures curve Br(None) The top contrary drivers for the 1 Year horizon are: - Movements in the Euro
Will the price of Power - German Baseload (EEX) go up?
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