Presentations

Drivers of European power prices in an environment of growing renewable capacity.

Tuesday, October 3, 2017 - 16:00 to 16:30
Conference - Special sessions - Energy Price Drivers: Exploring the trends and underlying fundamentals of wholesale energy price formation

Introduction

The growth of renewables and the ongoing transformation of the energy market is widely believed to have a transformational impact on European wholesale power prices which will deepen in the coming years. In the next decade however, fuel and carbon prices look set to continue setting the level of wholesale prices. Nevertheless conventional thermal plants are under increasing pressure as competition from zero-cost capacity reduces their running hours.

Related Information

Speakers

Coralie Laurencin
Director Power & Renewables

Description

The growth of renewables and the ongoing transformation of the energy market is widely believed to have a transformational impact on European wholesale power prices which will deepen in the coming years. In the next decade however, fuel and carbon prices look set to continue setting the level of wholesale prices. Nevertheless conventional thermal plants are under increasing pressure as competition from zero-cost capacity reduces their running hours.

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