Power prices in Europe swing wildly between free sunlight and expensive gas:

"On March 4, day-ahead prices in Denmark swung from €26 per MWh at 2pm to almost €430 at 5.45pm, less than four hours later. Prices in the Netherlands jumped from €24 to €450 over the same period, with similarly large swings in Belgium and Germany."

--> We need way more grid storage

https://www.ft.com/content/ac77915d-7542-4129-aabe-d3a9daff2573

#Climate #Energy #Grids #Electricity #IranWar #EU #EUPol #Renewables #FossilFuels

Power prices in Europe swing wildly as Iran war stokes volatility

Prices rise almost 20-fold in a few hours as solar gives way to natural gas made scarce by war in Middle East

Financial Times