Storm Austen to Boost Wind Power in Europe as Gas Prices Surge
The first named storm of this autumn is set to lash the UK and northwest Europe with heavy rain and wind in the coming days, potentially bringing some relief to elevated power prices.
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The first named storm of this autumn is set to lash the UK and northwest Europe with heavy rain and wind in the coming days, potentially bringing some relief to elevated power prices.
Europeโs battery operators are set for one of their most lucrative winters yet as short-term power-price swings approach levels last seen during the 2022 energy crisis.
Germanyโs negative power prices are heading for their first annual decline in four years, as stronger electricity demand and changes to renewable-energy support curb periods of oversupply.