Energy markets cope well with extreme heat in Southern Europe, but the risk to prices ahead remains
In this week’s Resonance energy market podcast episode, Jeremy Nicholson talks to Alfa’s Dan Veasey as we see extreme heat in Southern Europe. Topics explored include: Not much response in pricing to extreme heat, although there is some reduced capacity of the French nuclear fleet.Demand has increased in southern Europe, but there is significant renewables generation to counter that right across Europe.The variability of renewables and the impact on the management of grid.Norwegian...