European Power Markets Brace for Extreme Heat Over the Summer
A cool, wet start to June in Northern Europe is set to give way to a summer of extreme weather, roiling energy markets that have become increasingly dependent on solar and wind power.
High-pressure systems are forecast to return later this month, bringing the risk of heat waves this summer following an unusually dry and sunny spring. That will drive up power demand for cooling, though the impact on gas prices will also depend on surging solar generation and nuclear output levels in France.
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