El Niño and the Polar Vortex - the key weather drivers for Q4

SEP 24, 202630 MIN

Description

Send us your thoughts! With European gas storage levels relatively low, periods of cold temperatures, weak wind or low rainfall could have an outsized impact on gas and power prices. In this episode of Plugged In, we look at the key weather patterns to watch in the months ahead and what they could mean for Europe’s energy system. How could El Niño shape the European winter? Could a weakening polar vortex raise the risk of colder weather later in the season? And what happens to power markets when high demand coincides with low wind and solar generation? We also examine the importance of rainfall and snowpack for hydropower, the growing exposure of European markets to weather-driven volatility, and how energy companies are increasingly hedging against temperature, wind and precipitation risks. Host:  Richard Sverrisson – Editor-in-Chief, Montel News Guests: Julia Demirdag – Germany Correspondent, Montel News Mark Stephens-Row – Client Engagement Manager EMEA and Asia, AtmosphericG2 Pierre Buisson – Head Weather & Commodity Risks - Europe, Munich Re Rebecca McManus – Renewables Lead, European Energy Market, Aurora Editor & Producer:  Alexandra Carlon #EnergyMarkets #EuropeanEnergy #Weather #PowerMarkets #GasMarkets #Renewables #ElNino #Dunkelflaute #Hydropower