New LOLR just dropped?
Posts by Jordi Schröder Bosch
This graph should be hanging in every Brussels office as a sign of bloc-wide humiliation (even the US is deploying more than us c'mon)
👀👀👀👀👀👀👀👀👀
batteries batteries batteries batteries batteries batteries, via @jordischroeder.bsky.social
Also worth noting that wind had the largest effect in cutting power prices here - a very good reminder of the importance of a diverse mix of non-fossil energy sources :)
Great to see the findings being shared in the New Economy Brief!
www.neweconomybrief.net/the-digest/a...
Las energías renovables han hecho que se abarate la electricidad mayorista del a UE un 24.2% en 2023-2025. En el caso de España, la energía eólica y solar han reducido los precios mayoristas un 35,6 % en 2023-2025
Estudio: www.datocms-assets.com/132494/17767...
Seguid: @positivemoneyeu.bsky.social
💡🇪🇺 🚗Social leasing is the key to onboarding millions of households in the green transition. It brings clean tech benefits upfront while smoothing out costs over time.
Now is the time to scale it up.
Our op-ed in Euractiv with @sebmang.bsky.social:
www.euractiv.com/opinion/euro...
Therefore, system flexibility is key to further decoupling from gas. The good news: wind and solar make flexibility more attractive by increasing intraday price spreads.
The decoupling between gas and electricity prices is clear in countries like France and Spain. In 2018, electricity prices are strongly correlated with gas short-run marginal costs. By 2025, that relationship breaks down. In contrast, in countries like Italy, the correlation remains strong.
New report: wind and solar are driving down wholesale electricity prices across Europe.
On average, prices were ~24% lower in 2023–2025 than if gas had set the price at all times.
Thread below👇
Just as renewables surpass coal as a share of electricity generation, amazing timing
Finally, a CDU proposal I can get behind!
There's a global race to secure EV battery gigafactories & reduce reliance on China.
But not all clean-tech projects are created equal. Some generate good jobs & domestic capacities, others produce ecological harm & low value-added enclaves.
New paper & thread 👇
www.tandfonline.com/doi/full/10....
Policy implications are straightforward, we need to accelerate:
- Wind and solar deployment
- Electrification
- Demand flexibility
and...
bsky.app/profile/yusu...
This creates virtuous cycles:
More wind and solar lead to more flexibility, which in turn enables further renewable integration, further decoupling from gas.
Lower prices incentivise electrification, increasing flexible demand and allowing more wind, solar, and flexibility to be integrated.
Therefore, system flexibility is key to further decoupling from gas. The good news: wind and solar make flexibility more attractive by increasing intraday price spreads.
There are limits in terms of how much wind and solar can, by themselves, lower prices. At high penetration, extra renewable generation often comes when supply is already abundant, with constraints and curtailment kicking in. Therefore, price effects concentrate in peak renewable hours.
Another legitimate question why are prices then so high?
This is a counterfactual exercise. Without wind and solar, prices would have been even higher. They did not eliminate the gas shock, but they attenuated it, in some countries more than others!
But wholesale prices are only one component of the bill, does it matter?
Yes. Retail prices include taxes, network costs, etc., but energy costs are the largest component and, more importantly, explain most of the increase in prices over time.
This is mostly driven by increased renewable capacity. The larger the wind and solar penetration, the more the nonlinear effects kick in as gas gets displaced, leading to large price drops.
The decoupling between gas and electricity prices is clear in countries like France and Spain. In 2018, electricity prices are strongly correlated with gas short-run marginal costs. By 2025, that relationship breaks down. In contrast, in countries like Italy, the correlation remains strong.
The data shows this clearly:
Higher renewable penetration is associated with larger downward deviations from gas-based predicted prices.
The effect is nonlinear and country-specific. In, France (nuclear-heavy), low renewable penetration is needed to displace gas and trigger sharp price drops.
The mechanism is simple: in Europe’s merit-order system, the most expensive unit (usually gas) sets the price. As renewable penetration increases:
1. most expensive gas power plants are pushed out of the market
2. With large enough penetration, they become the price-setter (with ~0 marginal cost)
New report: wind and solar are driving down wholesale electricity prices across Europe.
On average, prices were ~24% lower in 2023–2025 than if gas had set the price at all times.
Thread below👇
Our new analysis by @jordischroeder.bsky.social shows:
Wind & solar cut EU electricity prices by 24.2% (2023-2025).
As fossil fuel tensions rise again, this matters more than ever. 🧵👇
Excellent article.
In the words of @jordischroeder.bsky.social:
batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries batteries bat-
També trobo molt graciós que vulguin frenar un creixement demogràfic (post-2020) que és literalment la normalitat durant tota la seva gràfica
No et online el pamflet on t'expliquen que han parat la construcció de pisos. Demà truco a la família a veure si el troben.