00:00Why did electricity prices skyrocket in September? The data is striking.
00:05Between September 1 and 20, the average wholesale market price was
00:10at 141 euros per megawatt hour, compared to 59.65 euros per megawatt hour in the previous period
00:16Previous. That is, more than double. And why? We have a combination of more heat
00:22And demand, less wind and more expensive gas. Wind power generation has fallen around
00:27by 25%, while combined cycle gas plants have increased their production by 55%.
00:34But there's a paradox. When it's sunny, electricity consumption drops significantly. Around 11 a.m.
00:40And at 6 p.m., the average price per megawatt is around 39 euros. When the sun disappears,
00:47The problem arises. The price reaches €201.55 per megawatt. And here is one of the
00:55Major challenges for the electricity system: Storing that cheap midday electricity for later use.
01:02when it's more expensive. If you want to understand what's happening and how all these
01:07Changes can affect us; follow us in the energy newspaper. We'll tell you the key points.
01:13of the sector in a clear and simple way.
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