Plugged In: the energy news podcast

The European Commission this week proposed a flurry of measures to lower wholesale prices, shield consumers from perceived market failure and to smooth out “excessive volatility”. Listen to a discussion on how “manipulation” has driven gas prices and why intervention in the form of a price cap is necessary. In the medium term, Europe’s energy markets may need more radical overhaul.Host: Richard Sverrisson, Editor-in-Chief, Montel Guest: Simone Mori, Head of Europe, Enel

Heavy rainfall over the past few weeks has alleviated some concerns over hydropower supply in southern Norway, boosting reservoir levels from near record lows. While electricity rationing may be off the table, prices remain elevated in some areas. Listen to a discussion on the market outlook over the coming winter in the Nordic region and in continental Europe.Host: Richard Sverrisson, Editor-in-Chief, Montel Guests: Marcus Eriksson, Lead Analyst, European Power, Refinitiv, Ole Tom Djupskås, Nordic Power Market Expert, Refinitiv.

Finland is in the midst of an energy war, with households, industry and the power sector needing to stand together to get through the coming winter. Listen to a discussion on how the country is already preparing for blackouts, as it pins its hopes on the start-up of the much-delayed Olkiluoto 3 reactor, increased wind output and mild weather. Could the lights go out in Helsinki this winter?Host: Richard Sverrisson, Editor-in-Chief, MontelGuest: Jukka Ruusunen, CEO, Fingrid.

Spain has implemented measures aimed at shielding energy users from soaring prices but the move has had little impact on reducing the country´s demand for gas and may have scared off investors. Listen to a discussion on the effect the Spanish intervention has had so far and why it may not be suitable at a wider EU level. And does Europe face even greater challenges in the winter of 2023/24?Host: Richard Sverrisson, Editor-in-Chief, Montel Guest: Ana Barillas, Head of Iberia, Aurora Energy Research.

The European Commission has proposed several emergency measures aimed at shielding households and businesses from price shocks, and has indicated that it also plans deeper reforms to the current wholesale energy market design. Listen to a discussion on the current sentiment in Brussels - what proposals are on the table and how effective will they be in mitigating soaring prices?Host: Richard Sverrisson, Editor-in-Chief, Montel Guest: Siobhan Hall, Brussels Correspondent, Montel.

France has touted a huge nuclear recovery, but experts question the ability of EDF to bring back a reactor a week between October and January. Listen to a discussion on the outlook for French nuclear availability for the coming winter. Should market participants place their trust in promises that reactors will be online in the New Year?Host: Richard Sverrisson, Editor-in-Chief, MontelGuests: Chris Eales, Editor France, MontelEmeric De Vigan, Vice President Power, KeplerYves Le Thieis, Vice President, Compass Lexecon.

Politicians have finally threatened action to “fix” a broken energy market that could impoverish households and drive industry out of Europe. Listen to a discussion on what needs fixing and a passionate defence of the marginal pricing model, where the most expensive power plant sets the wholesale price. What short-fixes are urgently required, and how could policymakers reduce the risk of future energy price shocks?Host: Richard Sverrisson, Editor-in-Chief, MontelGuest: Stephen Woodhouse, Director at Afry Management Consulting.

Germany looks set to meet its gas storage target well ahead of winter, and some are optimistic the country can muddle through peak demand when the weather turns cold. But others fear sharp drawdowns from November could result in shortages – and price volatility - particularly if Russia were to permanently halt flows through the Nord Stream pipeline. Listen to a discussion on how the country’s central buyer, the Trading Hub Europe, could bring volumes to the market and the impact on prices.Host: Richard Sverrisson, Editor-in-Chief, MontelGuests: Bjørn Inge Vik, Gas Analyst, Volue                  Henning Gloystein, Director - Energy, Climate and Resources, Eurasia Group                

Drought, heatwaves, weak river and hydro levels, combined with record low French nuclear output and dwindling gas supplies are driving energy prices to fresh highs on a daily basis. Aluminium producers and fertiliser firms have already announced closures across Europe. Listen to a discussion on the outlook for industry over the months ahead. Will it experience demand reduction or destruction?Host: Richard Sverrisson, Editor-in-Chief, MontelGuests: Tobias Federico, CEO, Energy Brainpool                  Mark Turner, Partner, Baringa                  Alexander Andresen, Head of Power Procurement, Elkem.

Plans by Norway to impose restrictions on electricity exports if the country’s hydropower reservoir levels drop below critical levels have created uproar at home and abroad. Listen to a discussion on what is currently on the table, the reaction from market participants, and the choices facing policy makers ahead of a difficult winter. What are the repercussions of limiting power flows, and is the proposal a sign that some countries are retreating into isolationist energy policies? Host: Richard Sverrisson, Editor-in-Chief, MontelGuests: Marius Holm Rennesund, Partner, Thema Consulting,                   Geir Brønmo, Principal Afry,                   Johanees Bruun, Director for Electricity Markets, Energinet.