Press Release
Join the New Solarplaza Summit to Get a Grasp on A Power Market in Flux
Amsterdam, The Netherlands - 27 November 2024 - Solarplaza is excited to announce the Solarplaza Summit - Future Electricity Price Europe, taking place on 27 November 2024 at the KIT in Amsterdam. This full-day conference will convene industry leaders to delve into the key drivers and developments impacting European electricity prices over the coming decade.
In an era marked by unprecedented volatility in energy markets, understanding the factors influencing electricity prices has never been more critical. In a market without subsidies, the volatility and uncertainties around power prices present both challenges and opportunities for the business cases of solar PV plants. It is crucial for developers, investors, asset owners, and financiers to understand the factors impacting their business cases. Recent records, such as Germany's highest and lowest hourly electricity prices within the same year, underscore the market's instability. This volatility arises from a confluence of factors and is not only related to the accelerating adoption of renewable energy sources.
The increasing share of intermittent renewables, such as solar and wind, significantly impacts price stability due to their variable nature. Other impacting factors are the sustained growth in power demand driven by electrification in general and e-mobility in particular, the growth of energy storage, new grid investments, interconnection and flexibility developments, and the phase-out of coal and uncertainties around nuclear asset growth. Additionally, regulatory changes and market design innovations are reshaping the energy landscape. Geopolitical events and energy policies directly influence the natural gas market, a key player in Europe’s energy mix. The future of natural gas, alongside the development of a more integrated European power market, will be pivotal in shaping electricity prices. Understanding these dynamics is essential for stakeholders to navigate the evolving energy landscape effectively.
Key Highlights:
Why Attend? The Solarplaza Summit - Future Electricity Price Europe is essential for stakeholders seeking to understand and anticipate power price volatility impacting new investments in (renewable) energy assets in Europe. The event will cover critical topics such as the impact of intermittent renewable energy sources, energy storage, and grid flexibility developments, the sustained growth in power demand driven by the electrification of transport, and the phase-out of coal and nuclear assets.
About Solarplaza
Founded in 2004, Solarplaza is a leading international event organizer in the renewable energy sector. Our mission is to empower the global transition to sustainable energy through high-level conferences, trade missions, and networking events. With over 229 events in 67 cities across 46 countries, Solarplaza provides a platform for knowledge exchange and business development in the solar industry.
Solarplaza Summit Future Electricity Price Europe
27 November 2024 - Amsterdam, The Netherlands
Press contact: [email protected]
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the topic beyond this press release,join Solarplaza Summit Future Electricity Price Europe on 27 November, taking place in Amsterdam.