The transition to renewable energy in Europe has led to increased market volatility, particularly in winter when energy demand is high but generation can be low due to weather dependencies.
The term 'Dunkelflaute,' refers to periods of low renewable energy generation, requiring other electricity sources to ensure stability, often causing short-term price spikes as imports may be necessary.
Experts believe that while the current impact of 'Dunkelflaute' on prices may be less significant over a year, future implications could be substantial, necessitating government and market intervention.
This winter, with renewable energy output low, German coal- and gas-fired plants have been operated at full capacity, showcasing a reliance on traditional energy sources amid inconsistent renewable generation.
Collection
[
|
...
]