Iberia power market outlook to 2050: Q1 2022

We are pleased to release our latest long-term hourly outlooks for European power markets. These national power market reports present projections to 2050, adding to the detail provided by the recent Europe power markets 2022 outlook to 2050: Northwest and Southern Europe briefing note, and providing commentary on market trends and the changing dynamics of price formation. These outlooks take into consideration recent significant changes in power markets, price dynamics and energy policy arising in response to the war in Ukraine, and Wood Mackenzie’s latest long-term commodity price forecasts. Each report includes supply-demand analysis, hourly power prices and technology capture prices. Commentary on key takeaways is included, along with a summary of changes since our last publication. Annual summary and granular hourly datasets by market and zone are provided in the data files accompanying each report. This outlook also appears as a distinct dataset in the Europe Power Tool.