Browsing: REGIONAL

Every 15 minutes, across dozens of European power markets, a financial settlement mechanism reconciles the gap between what energy participants planned to produce or consume and what actually happened. The imbalance price, applied to each Balance Responsible Party’s deviation from its scheduled position, is one of the least visible and most consequential pricing signals in the European electricity system.

Germany’s ambition to anchor a hydrogen based industrial transition is colliding with hard infrastructure timelines and unresolved cost pressures. That tension is visible in the decision by transmission system operator Ontras Gastransport to commission nearly 110 kilometers of hydrogen pipelines to supply steelmaker Salzgitter, even as large parts of Europe’s green steel pipeline remain exposed to market uncertainty.