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AI Trading Is Playing a Growing Role in Europe's Power Bills - Vimarsana News

AI Trading Is Playing a Growing Role in Europe's Power Bills

(Bloomberg) -- A Danish energy trader crunches about 30 million data points every day in an effort to predict how cloud cover in Spain and surging temperatures in Germany might ripple across to impact the price of power in France and elsewhere in Europe. Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AlliancePowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetPutin Met Wagner’s Prigozhin After Revolt That Shook RussiaErdogan Just Doomed Turkey's EU Membersh

Source: yahoo.com
AI Trading Playing Growing Role in Europe's Power Bills - Vimarsana News

AI Trading Playing Growing Role in Europe's Power Bills

Traders will still have to work with and finetune the computer models.

European power prices reach below zero - Vimarsana News

European power prices reach below zero

European power prices reached below zero multiple times this week as solar production soared. Many are calling for greater energy storage.

European Power Prices Go Below Zero Again as Solar Output Surges - Vimarsana News

European Power Prices Go Below Zero Again as Solar Output Surges

European power prices fell below zero again as production from solar farms overwhelms the grid early in the afternoon. 

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French Energy System Disrupted by Strikes - Vimarsana News

French Energy System Disrupted by Strikes

The labor protests are putting additional pressure on French energy supplies.