Montel News - Energy Insights
Paid to use power – a sustainable trend?
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European power markets have witnessed a barrage of negative prices in recent months, and this trend is set to continue for the foreseeable future with the ramping up of renewables output. How should Europe react to this challenge and provide the supply stability needed to meet its climate targets? Reporting by Alina Trabattoni, Italy Correspondent, Montel. Contributor: Markus Rauramo, CEO, Fortum.
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The surge in negative power prices highlights the challenges of integrating renewables into Europe's energy mix. While ramping up renewable output is crucial for climate goals, it must be paired with solutions to ensure supply stability and market balance. level devil 2
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The increase in renewable energy production has led to negative power prices across European markets, posing a challenge in balancing supply stability while still meeting climate goals. To address this, Europe may need to invest in better energy storage solutions and grid infrastructure to manage the fluctuations in renewable output. Similarly, just as Sonic manages to offer a diverse menu that caters to a wide range of tastes—whether you’re craving a Breakfast Burrito or their signature Slush—Europe must find ways to offer reliable energy solutions that cater to varying demand without compromising on sustainability. Click here to get more details
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