Spanish Power Financial Base Futures

Energy · Monthly series · CM-SPB1.ICEENDEX

Latest, October 2026

204.50 EUR/MWH

+55.0% from September 2026

Open interactive chartSpanish Power Financial Base Futures in the app

299.8160.421November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 140.17 EUR/MWH, with an 80% interval of 54.95 EUR/MWH to 299.76 EUR/MWH.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026203.45 EUR/MWH148.46 EUR/MWH265.12 EUR/MWH
December 2026194.02 EUR/MWH126.91 EUR/MWH277.70 EUR/MWH
January 2027173.20 EUR/MWH100.58 EUR/MWH276.13 EUR/MWH
February 2027136.77 EUR/MWH64.73 EUR/MWH260.84 EUR/MWH
March 2027122.98 EUR/MWH51.06 EUR/MWH254.18 EUR/MWH
April 2027124.87 EUR/MWH51.09 EUR/MWH260.47 EUR/MWH
May 2027131.46 EUR/MWH56.33 EUR/MWH266.07 EUR/MWH
June 2027142.75 EUR/MWH64.80 EUR/MWH285.87 EUR/MWH
July 2027138.59 EUR/MWH59.18 EUR/MWH282.58 EUR/MWH
August 2027144.97 EUR/MWH63.10 EUR/MWH292.92 EUR/MWH
September 2027144.30 EUR/MWH61.51 EUR/MWH298.40 EUR/MWH
October 2027140.17 EUR/MWH54.95 EUR/MWH299.76 EUR/MWH

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Not evaluated

The serving model has no matching evaluation yet.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
n/aNot evaluated
Direction
n/aNot evaluated
Turning points
n/aNot evaluated
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 96% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 2026204.50 EUR/MWH
September 2026131.90 EUR/MWH
August 2026134.39 EUR/MWH
July 2026121.40 EUR/MWH
June 202689.38 EUR/MWH
May 202665.45 EUR/MWH
April 202643.06 EUR/MWH
March 202625.00 EUR/MWH
February 202628.42 EUR/MWH
January 202650.48 EUR/MWH
December 202574.65 EUR/MWH
November 202562.46 EUR/MWH
October 202571.36 EUR/MWH
September 202574.89 EUR/MWH
August 202567.72 EUR/MWH
July 202570.19 EUR/MWH
June 202574.75 EUR/MWH
May 202542.14 EUR/MWH
April 202529.10 EUR/MWH
March 202531.50 EUR/MWH
February 202553.50 EUR/MWH
January 2025102.57 EUR/MWH
December 2024100.80 EUR/MWH
November 202495.15 EUR/MWH

Source

Data: public market data feeds.

More from Agentic Investor

Also stored for Energy