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SMARD
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SMARD

German electricity market data platform operated under Bundesnetzagentur licence.

SMARD, the Bundesnetzagentur's day-ahead price and generation-mix platform, supplied the wind data behind Germany's spark-spread collapse, showing onshore wind climbing sevenfold from 2.97 GW to 22.56 GW between 24 and 27 July 2026.

Last refreshed: 31 July 2026 · Appears in 1 active topic

Key Question

What made SMARD's wind data the source behind Germany's spark-spread collapse?

Timeline for SMARD

#31 30 Jul
#30 26 Jul
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Background

SMARD, short for Strommarktdaten, is the day-ahead price and generation-mix data platform operated by the Bundesnetzagentur, Germany's federal network regulator. It publishes hourly day-ahead prices, generation output by fuel source and system load, drawing on figures collected from grid operators and power exchanges.

The platform is released under a CC BY 4.0 licence, letting third parties redistribute the same underlying figures through their own interfaces; Fraunhofer ISE's energy-charts.info is one such redistributor, meaning SMARD sits upstream of most public German power-price tools rather than competing with them.

This desk treats SMARD-derived figures, power prices and generation mix, as regulator-sourced, distinct from aggregator-sourced quotes such as TTF gas and EUA carbon prices used elsewhere in its coverage. That distinction is why German and French day-ahead figures in this coverage trace to the regulator rather than to a commercial price vendor.

Key Issues
German power data

SMARD data traced the spark-spread swing

SMARD's hourly generation-mix figures showed German onshore wind at a weekly low of 2.97 GW on 24 July, climbing to 14.61 GW on 26 July and 22.56 GW by 27 July, a sevenfold rise. Solar generation held steady across the same days, at 19.58 GW on 24 July and 1.36 GW on 27 July, confirming wind rather than solar drove the price move.

Day-ahead power fell from EUR 130.97/MWh on 24 July, when load ran at 51.66 GW, to EUR 76.97/MWh on 27 July as load eased to 42.88 GW. SMARD's earlier 25 July figures, 18.86 GW of solar into a 44.4 GW load, had already flagged the negative-price quarter-hours as a supply-shape problem rather than a simple oversupply.

Common Questions
What is SMARD and who operates it?
SMARD (Strommarktdaten) is Germany's day-ahead and generation-mix data platform, operated by the Bundesnetzagentur, the federal network regulator.
Why did Germany's electricity price fall so sharply in late July 2026?
Germany's day-ahead price fell 41 per cent from EUR130.97 to EUR76.97 per MWh between 24 and 27 July 2026 as onshore wind generation rose sevenfold to 22.56 GW, per SMARD data.Source: SMARD
When did Germany and France post negative electricity prices in 2026?
Germany printed minus EUR15.01/MWh and France minus EUR11.32/MWh in their lowest quarter-hours on Saturday 25 July 2026, the first sub-zero prints of that window, per SMARD figures.Source: SMARD
What licence covers SMARD's power market data?
SMARD publishes its day-ahead prices, generation mix and load data under a CC BY 4.0 licence, allowing free reuse with attribution.