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	SPOT PRICE ANALYSIS
	Seasonality, Distribution Analysis & Statistical Metrics
	MONTHLY SEASONALITY ANALYSIS (5-Year Average)
	Month	Avg Base	Avg Peak	Avg Off-Peak	Avg Spread	Seasonal Index	Std Dev (Base)
	January	89.75	103.21	68.21	35.00	1.35x	26.93
	February	81.87	96.61	60.58	36.02	1.24x	24.56
	March	72.30	80.97	52.05	28.92	1.09x	21.69
	April	60.36	69.41	47.08	22.33	0.91x	18.11
	May	51.86	61.19	39.41	21.78	0.78x	15.56
	June	48.66	54.50	36.01	18.49	0.73x	14.60
	July	45.53	52.36	32.78	19.58	0.69x	13.66
	August	48.95	57.76	38.18	19.58	0.74x	14.69
	September	55.10	61.72	41.88	19.84	0.83x	16.53
	October	67.48	77.60	49.93	27.67	1.02x	20.24
	November	79.42	93.72	57.18	36.53	1.20x	23.83
	December	93.99	105.27	73.32	31.96	1.42x	28.20
	Annual Average	66.27	76.19	49.72	26.48	1.00x	19.88
	YEAR-OVER-YEAR ANALYSIS
	Year	Avg Base	Avg Peak	Avg Off-Peak	YoY Change %	Min (Base)	Max (Base)
	2021	41.28	47.45	30.97		26.32	60.32
	2022	131.03	150.66	98.33	217.4%	93.18	186.56
	2023	74.39	85.52	55.78	-43.2%	50.40	100.98
	2024	45.93	52.81	34.46	-38.3%	29.57	67.63
	2025	38.74	44.54	29.06	-15.6%	26.79	56.20
	PRICE DISTRIBUTION ANALYSIS (Base Load)				PERCENTILE ANALYSIS
	Price Bin (EUR/MWh)	Frequency	Cumulative %		Percentile	Base Price	Peak Price
	26 - 42	20	33.9%		1st	26.60	31.06
	42 - 58	17	62.7%		5th	28.77	33.16
	58 - 74	5	71.2%		10th	30.87	34.67
	74 - 90	3	76.3%		25th (Q1)	38.20	43.80
	90 - 106	8	89.8%		50th (Median)	51.90	60.16
	106 - 122	1	91.5%		75th (Q3)	87.69	101.66
	122 - 138	2	94.9%		90th	120.16	138.17
	138 - 155	0	94.9%		95th	156.44	184.59
	155 - 171	2	98.3%		99th	185.99	210.60
	171 - 187	1	100.0%
					IQR (Base)	49.49
	ROLLING STATISTICS (12-Month Window, Base Load)
	Period End	12M Avg	12M StdDev	12M Min	12M Max	12M CoV
	2021-12	41.28	10.81	26.32	60.32	26.2%
	2022-01	52.43	43.45	26.32	186.56	82.9%
	2022-02	61.21	52.79	26.32	186.56	86.2%
	2022-03	68.98	56.89	26.32	186.56	82.5%
	2022-04	75.68	57.74	26.32	186.56	76.3%
	2022-05	81.44	56.56	26.32	186.56	69.4%
	2022-06	86.95	54.46	26.32	186.56	62.6%
	2022-07	92.53	51.01	28.80	186.56	55.1%
	2022-08	98.61	46.90	34.30	186.56	47.6%
	2022-09	104.52	42.31	42.00	186.56	40.5%
	2022-10	111.77	37.84	51.00	186.56	33.9%
	2022-11	120.59	34.57	60.32	186.56	28.7%
	2022-12	131.03	33.62	93.18	186.56	25.7%
	2023-01	123.90	29.61	93.18	185.60	23.9%
	2023-02	118.97	28.61	93.18	185.60	24.0%
	2023-03	114.61	29.38	85.86	185.60	25.6%
	2023-04	110.04	32.69	64.30	185.60	29.7%
	2023-05	106.11	36.32	55.30	185.60	34.2%
	2023-06	102.36	39.43	52.92	185.60	38.5%
	2023-07	98.80	42.18	50.40	185.60	42.7%
	2023-08	94.91	43.99	50.40	185.60	46.4%
	2023-09	91.59	44.63	50.40	185.60	48.7%
	2023-10	87.52	43.11	50.40	185.60	49.3%
	2023-11	81.50	37.19	50.40	185.60	45.6%
	2023-12	74.39	19.36	50.40	100.98	26.0%
	2024-01	70.91	17.84	50.40	100.22	25.2%
	2024-02	67.57	16.11	50.40	100.22	23.8%
	2024-03	64.62	15.69	50.40	100.22	24.3%
	2024-04	62.89	16.84	43.47	100.22	26.8%
	2024-05	61.39	18.31	37.31	100.22	29.8%
	2024-06	59.56	20.23	31.02	100.22	34.0%
	2024-07	57.83	21.91	29.57	100.22	37.9%
	2024-08	55.93	23.12	29.57	100.22	41.3%
	2024-09	53.68	23.41	29.57	100.22	43.6%
	2024-10	50.93	21.91	29.57	100.22	43.0%
	2024-11	48.64	19.36	29.57	100.22	39.8%
	2024-12	45.93	12.56	29.57	67.63	27.4%
	2025-01	45.08	11.90	29.57	67.63	26.4%
	2025-02	44.27	11.32	29.57	67.63	25.6%
	2025-03	43.55	11.16	29.57	67.63	25.6%
	2025-04	42.94	11.37	29.57	67.63	26.5%
	2025-05	42.41	11.79	29.57	67.63	27.8%
	2025-06	42.30	11.91	29.57	67.63	28.2%
	2025-07	42.18	12.05	28.20	67.63	28.6%
	2025-08	41.72	12.56	26.79	67.63	30.1%
	2025-09	41.17	12.85	26.79	67.63	31.2%
	2025-10	40.50	12.73	26.79	67.63	31.4%
	2025-11	39.69	11.85	26.79	67.63	29.8%
	2025-12	38.74	9.65	26.79	56.20	24.9%
	Note: All analyses are based on sample/placeholder data from the Hist_Spot_Prices sheet. Green values reference historical data.