PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1163419
PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1163419
This power report presents our Q3 2022 long-term hourly outlook for the Spanish and Portuguese power markets. This Iberian power market report and dataset - with individual market-level detail - provides projections out to 2050, commenting on market trends and the changing dynamics of price formation. The outlook takes into consideration the significant upheaval in power markets experienced in 2022, including high energy costs and emerging energy policy responses to the war in Ukraine. This outlook also incorporates Wood Mackenzie's latest (Q3 2022) commodity price forecasts. The attached report includes capacity projections, supply-demand analysis, market prices, and technology capture prices. A commentary on key takeaways is included, along with a summary of changes since our last publication. Annual summary and granular hourly datasets by market are provided in the data files attached to this report. These outlooks will also appear as a distinct case in the Europe Power Tool.