For the first time in 17 years, Germany became a net electricity importer in 2023, largely due to expensive fossil fuels which meant power from its neighbours was cheaper than that domestically generated. Carbon emissions in the country also plummeted but is the drop permanent as the country looks to transform its power system? Listen to a discussion on the choices facing Germany and the pros and cons of splitting its single power market zone.

Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel

Guest: Fabian Huneke, Project Lead Energy Transition, Agora Energiewend

Europe’s net-zero targets for 2050 are ambitious, but the roll-out of renewable energy will not be successful without a significant boost to flexibility in power markets. Listen to a discussion on the prospects for batteries, both giga and household, in the energy transition and where the hotspots are in Europe. Could new technology such as sodium-ion be a game changer for energy storage?

Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel

Guest: Sam Ebohon, Director Flexibility, Baringa Partners

Cross-border electricity cables are controversial. For some they provide supply security while others believe they increase prices in markets used to low energy costs. Listen to a discussion on the impact the power links had amid a period of extremely cold weather in the Nordic region. In addition, what is the outlook for wholesale prices in the coming weeks and months – could Finland see a return of EUR 800/MWh?

Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel

Guest: Sigbjørn Seland, Chief Analyst, Storm GEO; Odd Gunnar Jakobsen, Analyst, Volt Power Analytics.

Germany faces a freeze on many counts over the coming weeks. Firstly, a cold snap is likely to send power prices spiralling. In addition, a budget freeze could hamper the country’s plans to meet its decarbonisation targets after a court ruled the EUR 60bn earmarked for its green transition was illegal. How will Europe’s largest energy consumer afford to keep the lights on?

Host: Richard Sverrisson, Editor-in-Chief, Montel
Guests: Tobias Federico, Managing Director, Energy Brainpool

End of year round-up, outlook

In the next two episodes we discuss the key energy issues in the year to date with Montel journalists, while also looking forward to 2024. Despite markets having come a long way since the crisis of 2022, they remain jittery and volatile. Part one will focus on Spain, Italy and France, while part two discusses Germany, the Nordic region and global fuel markets.

Host: Richard Sverrisson
Guests (Part one): Enza Tedesco, Editor Italy; Pablo Bronte, Editor Spain; Chris Eales, Editor France; Muriel Boselli, Correspondent France
Guests (Part 2) : Andreas Lochner, Editor Germany; Gert Ove Mollestad, Editor Norway; Olav Vilnes, Editor Norway; Laurence Walker, Deputy Editor-in-Chief; Andres Cala, LNG Correspondent

In the next two episodes we discuss the key energy issues in the year to date with Montel journalists, while also looking forward to 2024. Despite markets having come a long way since the crisis of 2022, they remain jittery and volatile. Part one will focus on Spain, Italy and France, while part two discusses Germany, the Nordic region and global fuel markets.

Host: Richard Sverrisson
Guests (Part one): Enza Tedesco, Editor Italy; Pablo Bronte, Editor Spain; Chris Eales, Editor France; Muriel Boselli, Correspondent France

Gas storage is ample, the weather has remained largely mild and French nuclear availability has returned to pre-Covid levels. However, given the escalating conflict in the Middle East and stalemate in Ukraine, several risks remain ahead of the winter season. Listen to a discussion on the outlook for prices amid a very jittery market. Also, will the EU impose sanctions on Russian LNG?

Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel

Guests: Henning Gloystein, Director for Energy, Climate and Resources, Eurasia;               
Wayne Bryan, Director European Gas Research, LSEG.

A bidding error in the Nordic spot power market could be the costliest fat finger event ever in European energy markets – both in terms of financial losses but also the reputational damage for the electricity system and the companies involved. Listen to a discussion on the events that led to EUR -500/MWh power prices and why some Finns treated it as Black Friday.

Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel

Guests: Maarit Uusitalo, Manager, Market Solutions, Fingrid ;Riku Merikoski, Senior Power Analyst, Axpo; Gert Ove Mollestad, Editor Norway. 

The UK is reviewing a shift in how it prices electricity from a single wholesale market, with two locational alternatives under consideration: nodal or zonal. This week’s pod addresses the pros and cons of locational prices and whether they will help or hinder the UK’s quest for net-zero emissions.  

Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel

Guests: Stephen Woodhouse,  Director Afry Management Consulting and Phil Hewitt, Director, Montel EnAppSys.

World climate negotiators will meet for UN-led talks in Dubai next week in attempt to slow warming that is exacerbating extreme weather from flooding to heatwaves to drought. Could COP28 provide impetus to Europe’s carbon market, where prices have dropped from a record high above EUR 101/t to a one year-low below EUR 75/t amid weak fundamentals and rising geopolitical risks. Listen to a discussion on the outlook for the EU’s key climate policy tool.

Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel

Guests: Ingvild Sørhus, Lead Carbon Analyst, Veyt