US EditionEnergy providers hail “new era” for flexibility as Europe moves to quarter-hourly electricity trading
4 Articles
4 Articles
As of October 1, the electricity price will be set every quarter of an hour instead of every hour, which can lead to more significant price fluctuations – and increases the need for technology in households. – The app is what will ensure that I get a lower price, says energy economist Claes Hemberg.
Quarter-Hour Measuring Supports Renewables - New Energy Innovation
A major reform is set to reshape European power trading. From 30 September, electricity on the day-ahead market will no longer be traded in hourly blocks but in 15-minute intervals. For Vattenfall, this marks more than a technical change: it is a key lever on the company’s path to fossil freedom. The new structure takes into account the weather dependency of renewable energies, increases system flexibility, and illustrates how market design and …
European power exchanges held a 15-minute day-ahead trading session for the first time, which produced extreme price fluctuations on the first day.
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