The price for electricity remains relatively high. This is partly due to the listing of fossil fuels. When the sun shines little and the wind varies, there is little to keep the price down. The European energy market therefore remains very restless.
The electricity market was remarkably stable last week. On Thursday, March 31, the price reached the highest price of the past seven days - at €258,23 per MWh. One day later the price was €201,04 per MWh, the lowest price of the week. The daily price for electricity remains fairly stable, but at the same time also high. Compared to the same period last year, electricity is now approximately four times more expensive.
It is exceptional that the price is higher during the weekend than during the week. However, this can be easily explained: the combination of colder weather, clouds, showers and a gusty wind. The supply of sustainably generated electricity was therefore lower on average and was more difficult to predict. And although the biggest peak was in early March, coal and natural gas remain relatively high-priced. Compared to last year, prices have increased fourfold and fivefold respectively.
Limits on capacity
The capacity of the electricity grid remains a concern. Various grid operators have sounded the alarm about grid congestion. Increasing demand and decentralized production require major adjustments to the grid and grid operators are having difficulty achieving this. The province of Drenthe is proposing a different course after reports from grid operator Enexis about problems with supply shortages. When there is a shortage of supply, the demand for electricity becomes greater than what can be supplied.
The approach to grid congestion is now mainly aimed at tackling companies that experience problems with supplying electricity. The province of Drenthe now wants to expand this with measures for companies that cannot purchase sufficient electricity. The measures are comparable to actions taken when a grid for return is full. Consider providing insight into your own use and generation, the current use of existing situations and any technical innovations.