Electricity – As the temperature rises, the voltage increases
Extreme day-ahead prices: The heat of the past few days has led to sharp price spikes in the evenings on the day-ahead market, due both to increased electricity demand and to its impact on the availability of power plants.
Capacity Market: TenneT anticipates structural risks to the security of electricity supply starting in 2030, to which the government is responding by introducing a capacity mechanism.
EU ETS: The upward price trend in the ETS market is supported by market fundamentals, but whether prices can remain above EUR 80 per metric ton in the short term depends on the outcome of the ETS review.
ETS Revision: Although the July 15 ETS revision is causing market uncertainty, we do not expect any fundamental relaxation of the system—despite possible adjustments to the linear reduction factor—but rather nuanced adjustments to the system.
