| Summary: | In the upcoming years, the production mix in Portugal and Spain will suffer significant changes due to the progressive declassification of coal-fired power plants, the increase in installed capacity of wind farms and solar photovoltaic plants as well as the increase in water capacity. In these conditions, it becomes important to estimate the market price in 2030, since the evolution of this price is an important factor for producing companies to make investment decisions and risk assessments. The referred market price estimate will be calculated considering Portugal and Spain's timeframe for the decommissioning of coal-fired power plants, the consumption evolution scenario admitted by REN as a basis for the preparation of the PDIRT 2020-29 and the evolution scenarios for installed water capacity and their respective production profiles in average, dry and humid years.
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