With power market conditions fluctuating in response to changing consumption demands as economies across Europe look to kickstart the green recovery after the height of the COVID-19 pandemic, Eylert Ellefsen, Senior Analyst and Hydrology Expert at Energy Quantified presents a comparison of the German power balance between Q2-2019 and Q2-2021.
Read StoryIn this blog, Energy Quantified's Eylert Ellefsen dives into the fundamental power balance numbers in the NP-North area, explaining the current surplus situation, grid flows between price zones and future outlooks for the summer. Please note, we use the terminology "NP-North" to refer to the SE1, SE2, NO3 & NO4 price areas.
Read StoryThis April has seen a notably cold spell of weather sweep across Europe. Temperatures have been 4 or 5 degrees Celsius below normal in most areas, whilst spot prices for the past month have delivered 5-7 €/MWh higher than expected in several areas. In this blog post, we study how the Central Western European (CWE) hydropower system developed during this cold spell and compared this situation to available historical statistics.
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