While it could be small comfort to individuals sweltering within the warmth wave enveloping southern Europe, electrical grids in international locations within the area like Italy and Spain have thus far met the added demand for energy for air-conditioning with none excessive worth surges.
In a way, Europe is benefiting from actions taken final yr, when hovering pure fuel costs ensuing from constraints on flows from Russia drove electrical energy costs to document ranges. The European electrical grid was additionally suffering from different issues, together with mechanical points that idled giant numbers of France’s nuclear crops.
That expertise, together with electrical energy costs that stay considerably increased than what was thought-about regular, have helped dampen demand for electrical energy regardless of the excessive temperatures, analysts say.
Incentives additionally stay in place that encourage the usage of high-polluting coal- and oil-burning crops for energy era, measures put in place final yr to cut back pure fuel consumption. “It is a really perverse situation,” mentioned Marco Alvera, chief govt of TES, an organization that plans to import hydrogen to Europe to be used as a clear gas.
The growing quantities of solar energy on the grid, particularly in Spain, has additionally helped bolster electrical energy provides and average costs. Solar energy manufacturing peaks at noon when each the solar and the necessity for air-conditioning are most intense. Relatively gentle worth spikes have been occurring within the afternoon in Italy because the solar fades and other people return residence and switch up their air-conditioning.
At the identical time there have been fewer issues with nuclear energy crops in France and different types of standard energy era in Europe than there have been final yr, making extra energy obtainable.
“The French nuclear situation has improved significantly compared to last year, “ said Luca Urbanucci, the European Union power market analyst at ICIS, a data analytics firm.
Europe’s power grid also has interconnecting cables that allow countries under less heat stress, like Britain, Norway or Switzerland, to feed power to their neighbors.
In particular, Spain is benefiting from investments in solar panels, pumping out about 20 percent more solar power than in the summer of 2022.
“This is why we are not seeing as extreme price spikes as we would have expected otherwise,” mentioned Stefan Konstantinov, senior power economist at ICIS.
Despite the extreme warmth, Spain is consuming considerably much less pure fuel than it did final yr.
Of course, if as anticipated, the intense warmth continues, power techniques might come underneath additional stress. For occasion, nuclear energy crops is perhaps pressured to close down as a result of water ranges in rivers used for cooling change into too low or the water itself turns into too heat.
Source: www.nytimes.com