In a system where natural gas serves as the primary source of flexibility, balancing the gas network is no longer a background operational task. It has…
Browsing: SEE
In theory, the spark spread is a straightforward concept. It represents the margin between the price of electricity and the cost of generating it from natural…
Energy markets are often described as short-memory systems. Prices spike, conditions normalise, and attention moves on. This perception is increasingly misleading. In a tightly coupled energy…
Volatility used to be treated as a market-specific phenomenon. Electricity was volatile because demand had to be balanced in real time. Gas was volatile seasonally, shaped…
In an integrated energy system, shocks no longer respect sectoral boundaries. What begins as a local disruption, a technical failure, a weather anomaly, or a geopolitical…
South-East Europe does not sit on the periphery of Europe’s energy system. It sits at its edge in a different sense: the edge where constraints bind…
For most of the modern history of European energy policy, electricity, natural gas, and oil were treated as adjacent but fundamentally separate domains. They were regulated…
For decades, electricity was treated by industry as a predictable input. Prices fluctuated within narrow bands, supply security was largely taken for granted, and energy strategy…
In the emerging architecture of Europe’s electricity system, flexibility has become the most valuable attribute a power asset can possess. The ability to ramp output quickly,…
The inclusion of electricity in the European Union’s Carbon Border Adjustment Mechanism marks a quiet but profound shift in how power systems at Europe’s periphery are…
