France was the biggest net exporter of power in Europe last year due to low demand and the return of much of the country’s nuclear fleet.
koshy
France was the biggest net exporter of power in Europe last year due to low demand and the return of much of the country’s nuclear fleet.
Read our Q4 2023 Market Review for EU for free in this report.
Read our Q4 2023 Market Review for GB for free in this report.
Subscribe to our free GB quarterly report to get the latest edition now.
Subscribe to our free EU quarterly report to get the latest edition now.
Read our Q3 2023 Market Review for GB for free in this report.
Read our Q3 2023 Market Review for EU for free in this report.
Read our 2022 Annual Market Summaries for free in this report.
46% of European power generation came from solar, wind and hydro in 2023, about 6% more than last year.
Read our Q2 2023 Market Review for GB for free in this report.
Read our Q2 2023 Market Review for EU for free in this report.
Energy bills will fall to £1,923 a year for the typical household from October, under the new price cap announced today by industry regulator Ofgem.
France overtook Sweden to be the biggest net exporter of power in Europe, while Germany moved from exporter to importer during the first half of this year.
Read our Q1 2023 Market Review for EU for free in this report.
Read our Q1 2023 Market Review for GB for free in this report.
Catherine Mann proposes carbon taxes for curbing emissions, though global standards inconsistencies and potential cost increases spark debates on their viability.
Sweden retained its position as the biggest net exporter of power in Europe during the second half of last year.
This year’s T-4 Capacity Market Auction for the delivery year 2026-27 has cleared at an all-time high price of £63/kW/year with 43GW of derated capacity-securing contracts.
This year’s T-1 Capacity Market Auction for delivery year 2023-24 has contracted the highest amount of capacity yet seen in a T-1 auction at 5.8GW.
Read the full press article on our merger with the Montel Group.
Live power price, fuel mix and CO2 intensity forecasts for the days ahead at your fingertips.
National Grid ESO has procured a number of emergency coal contracts for the winter. This will keep on coal units from Drax and West Burton A with a unit at Ratcliffe that was due to be decommissioned.
The success of French nuclear capacity coming back online will be crucial to Europe’s power markets.
Grid has announced two new services for Winter this year. The “Winter Demand Flexibility Service” is a first outing for domestic DSR and is an exciting development.
Sweden overtook France as the biggest net exporter of power in Europe during the first half of this year.
The GB market does not have sufficient capacity this winter to avoid some significant high-price events in the market.
Tees Tech company of the year and expansion plans.
The UK government’s plan for net-zero by 2050 also relies on nuclear power as a key component, with one of the future energy scenarios from National Grid ESO estimating over 17GW of nuclear by 2050, more than double the ~8GW today
Read our Q4 2022 Market Review for GB for free in this report.
With the T-1 auction target set at higher than the pre-qualified capacity, all the capacity is set to clear at the maximum price of £75/kW/yr.
Read our Q4 2022 Market Review for EU for free in this report.
Read our Q3 2022 Market Review for GB for free in this report.
Read our Q3 2022 Market Review for EU for free in this report.
This year’s T-4 Capacity Market Auction for delivery year 2024-25 has cleared at an all-time high price of £30.59/kW/year following the previous record in the T-1 auction of £75/kW
A record high clearing price of £75/kW/yr in the Capacity Market auction for 2022/23 brought 1.4GW of new build capacity into the market and secured ongoing operation of 3.1GW existing units
France maintained its position as the biggest net exporter of power in Europe in the second half of 2021, despite an extreme reliance on imports at the beginning of winter.
Read our Q1 2022 Market Review for GB for free in this report.
Read our Q1 2022 Market Review for EU for free in this report.
In this webinar, we will explore 21/22 winter outlook and market impact scenarios, predicting the unpredictable: impact on renewables, optimising your forecasting solutions and strategies and AI’s future role within forecasting.
In this webinar, we will explore 21/22 winter outlook and market impact scenarios, predicting the unpredictable: impact on renewables, optimising your forecasting solutions and strategies and AI’s future role within forecasting.
In this webinar, we will explore how the energy system needs to be transformed to meet climate goals and become zero carbon at the lowest cost to consumers
In this webinar, we will talk about how energy markets are evolving rapidly, decarbonization is causing the growth of renewables, decentralization is fragmenting power generation and digitalization is speeding up processes.
In this webinar, we will look at some of the countries where cross border market changes and increased interconnection have or will influence the market prices.
In this webinar, we will discuss what we have learned about the new market arrangements over the past 9 months, how it has changed the electricity markets in and around GB and what the future holds.
In this webinar, we will look at what changes and new mechanisms this leads to in the power market and how these impact on market drivers and behaviours and ultimately market prices.
In this webinar, we will look at the changes in the energy market from different angles. We will set out some future dilemma’s and its effects on the modelling and the importance of machine learning.
Like most of the countries in the continent, Spain is experiencing high carbon prices, high gas prices, low gas reserves, low water reserves and periods with low renewable generation.
As the country moves towards greater levels of renewable generation, there will be less and less traditional synchronous generation on the system.
Availability prices for FCR, aFRR and mFRR have increased dramatically since the fourth quarter in 2020. This has caused a lot of interest in flexible generation and storage. Are these prices temporary or the start of a sustained trend?
France overtook Norway to regain its position as the biggest net exporter of power in Europe in the first half of 2021. France’s total net exports amounted to 21TWh, with most of the power flowing to Great Britain (8.6TWh) and Italy (7.2TWh).
Recent changes in wholesale markets (day-ahead and intraday sessions) coupled with an increase in renewables and interconnector capacity are expected to increase revenue opportunities – and risks – for energy traders.
Looking at the monthly auctions for May 2021, which are hosted via JAO’s trading platform, our latest research shows that the price for capacity on the interconnector to export energy from Belgium to Great Britain was the most expensive in Europe at 19.42€/MW/H.
The planned timeline for ending coal power generation in Germany could cause the country significant challenges as it battles to meet future electricity demand. Coal is currently so strongly entrenched in German energy systems that a total withdrawal of it by this date will need to clear some hurdles
Capacity prices for FCR reached record levels of over € 1.000 per MW per hour due to scarce flexibility. Weekends in Belgium will remain very tricky, at least until the pumped storage plant at Coo will return to service, with nuclear switching off, it will be interesting to see what happens the following weekends.
STOR was re-introduced on April 1 and unlike its previous incarnation, which was tendered for season-long durations, it is based on daily auctions – giving providers the flexibility to optimise on a daily basis between STOR and other market segments.
Prices in the GB electricity market soared at the beginning of this month. The maximum day-ahead price in the market in the first week of March was £683 – more than three times the maximum day-ahead price of £191.55 seen in any day in March in the previous six years.
Britain’s exit from the EU has resulted in reduced trading on the electricity interconnectors between GB & Ireland and increased the frequency of extreme prices although the withdrawal agreement ensured that the SEM would remain intact.
A new ancillary service, dynamic containment, procured by National Grid to manage the frequency of Britain’s electricity system remains undersubscribed more than four months after its launch in October 2020, but is showing its potential as a useful new revenue stream for battery projects.
Negative power prices have swept across Europe in the first nine months of 2020, with excess power in the market resulting in consumers being paid rather than charged to use electricity. European countries on average saw negative day ahead prices almost 1% of the time.