THEMA is a trusted provider of independent and bankable power price forecasts for the European power market. Our reports cover the needs of utilities, investors, and other stakeholders looking for independent as well as professionally and methodologically sound expertise on power market developments.
We cover all major markets in Europe in our market reports, where applicable on bidding zone level:
- The Nordic market outlook covers Norway, Sweden, Finland, and Denmark, all on bidding zone level
- The Central European market outlook comprises Germany, the Netherlands, Belgium, France, the UK and Austria
- The Baltic market report includes the Baltic states Lithuania, Estonia, and Latvia
- The Eastern European report looks at Poland, Hungary, the Czech Republic, Slovenia and Slovakia
- The Southern European outlook covers Italy (on bidding zone level), Spain and Portugal
In addition, we provide a report on the EU-ETS, ElCertificates, GOs and RES support schemes (Green Value Report), and a report on main technology developments and how they impact the power sector (Technology report). We also offer bespoke analysis for markets in the Balkan region.
The reports are issued with comprehensive data material, including capture prices for main technologies and hourly price curves for all bidding zones covered. In addition, we offer tailored workshops with our clients, giving the clients the opportunity to discuss our scenarios and assumptions with THEMA experts.
We offer both pay-as-you-go services as well as subscription services. Our reports are updated twice a year (September and February), and we provide additional data updates on quarterly basis (in September and February with the reports, and additionally in May and December each year). This ensures that clients are always up to date with the latest developments in power markets.
Our scenarios are consistent with current EU policies and national targets. Our central scenario (“Best Guess”) is aligned with the very latest EU targets, together with the implications of national climate and hydrogen strategies. This implies that THEMA’s Best Guess scenario assumes full carbon neutrality by 2050, in line with current EU climate policy ambitions.
The power market reports are based on results from our advanced power market simulation model, TheMA. As hydrogen is likely to play an important role in the future energy system, we model full sector coupling between the power and hydrogen sectors. In addition, we take account of hybrid projects and simulate an offshore grid in both the North and Baltic Seas.
