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WindAction | Bursts of free power raise red flags for green tech investors

Germany, Europe’s biggest power market, had about 300 hours with prices below zero last year. That may double in 2024, according to energy analytics firm EnAppSys Ltd. In the UK, the number of negative hours will grow fivefold by 2027 to surpass 1,000, industry consultant Modo Energy said. “It’s a dynamic that we’ll continue to see,” Anna Borg, chief executive officer at Sweden’s Vattenfall AB utility, said in an inter...
United States Vastra Gotalands Lan United Kingdom Edgeir Vardal Aksnes Ted Porter Scott Mackin

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Rollercoaster energy market now at the mercy of weather

Byย Rachel Morison, Everyone may be back to watching the daily number of coronavirus cases as the Omicron variant spreads through Europe, but the energy market is focusing on a more traditional gauge of worry: the temperature. Prices soared to new records this week because of the impact of unexpected nuclear outages in France and worryingly low stockpiles across the continent.
United Kingdom Amurskaya Oblast Bruxelles Capitale Rachel Morison Jean Paul Harreman Nathan Piper

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