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Alexandre Danthine

Insights on electricity markets throughout Europe

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Latest Issues

Spain Monthly Electricity Market Report — May 2026

Solar curtailment doubles, Nuclear drops out of the Phase 1 stack, and the EU approves a €9 billion capacity market

May is the month when the Spanish system started to feel like spring. With load softening and irradiation strengthening, th...

a month ago
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Who is actually making Spain's balancing market?

A technology-level read of the post-MARI bid stack: who provides the upward megawatts, who absorbs the downward ones, what each technology earns, and how much renewables have already been paid to come

The first two articles in this series...

2 months ago
7
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Where the Spanish balancing market actually pays a premium over the wholesale price

Seventeen months of post-MARI clearings, and what they actually look like.

The previous article in this series laid out what changed when Spain joined MARI on 10 December 2024. One clearing engine replaced the old Spanish algorithm, one Cr...

2 months ago
7
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Monthly Technical Restrictions Report — April 2026

In April 2026, the grid operator redispatched 2,330 GWh upward in the day-ahead phase and curtailed 2,074 GWh of renewables in Phase 2, a clear easing versus March.

In April 2026, the grid operator redispatched 2,330 GWh upward in the day-...

2 months ago
1
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One Price to Rule Them All: A Primer on Spanish mFRR

Why this market is becoming the centre of gravity in European balancing, and what changed when Spain joined MARI on 10 December 2024

The Spanish balancing market quietly became a different market on 10 December 2024. On that day, Red Eléct...

2 months ago
8
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