It’s hot. Demand is high because of cooling needs. But wind production is low. During the day, solar helps keep prices down. But once the sun sets, demand stays high – and prices jump.
What’s making it worse?
– French nuclear plants are being curtailed due to a lack of cooling water
– Gas plants can’t run at full capacity in the heat
– Wind is weak across many regions
This combination is putting major pressure on the grid – and driving prices up fast.