Montel Weekly
Sticky negative prices
European electricity prices have spiked from more than EUR 1,000/MWh last year to below EUR 100/MWh this year. Hourly prices recently plunged below zero – as low as EUR -400/MWh in some countries – during periods of robust intermittent renewable supply and low demand. Listen to a discussion why negative prices could be the new normal for the next two to three years, what the consequences will be, and how policymakers should react.
Richard Sverrisson, Editor-in-Chief, Montel
Guests: Sigbjørn Seland, Chief Analyst, Storm Geo; Ana Barillas, Head of Iberia, Aurora Energy Research; Jean-Paul Harreman, Director, EnAppSys BV
European electricity prices have spiked from more than EUR 1,000/MWh last year to below EUR 100/MWh this year. Hourly prices recently plunged below zero – as low as EUR -400/MWh in some countries – during periods of robust intermittent renewable supply and low demand. Listen to a discussion why negative prices could be the new normal for the next two to three years, what the consequences will be, and how policymakers should react.
Richard Sverrisson, Editor-in-Chief, Montel
Guests: Sigbjørn Seland, Chief Analyst, Storm Geo; Ana Barillas, Head of Iberia, Aurora Energy Research; Jean-Paul Harreman, Director, EnAppSys BV