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The Day-Ahead Trap: How Bulgaria Accidentally Built Europe’s Most Cutthroat Energy Market
On April 25 this year, the price of electricity on Bulgaria’s day-ahead exchange fell to minus €100 per megawatt-hour. Generators were paying the grid to take their power. “Such a marvel has never happened before,” Bulgarian economist Vladislav Panev said at the time — and he wasn’t being hyperbolic. Nine months earlier, the same market had printed a peak-hour price of €369.50/MWh. Bulgaria’s wholesale electricity price had swung across a range of nearly €470 within a single year, on a market that, as recently as 2016, traded barely 500,000 MWh among thirty members and didn’t know what…
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The geopolitical cost of the hydrogen molecule: how the Iran war is reshaping Europe’s hydrogen economy
Author: Derek Michalski, Editor, The Voice of Renewables The immediate market reaction to the war involving Iran has been predictable. Analysts have focused on oil prices, LNG flows, shipping insurance premiums and the possibility of disruption in the Strait of Hormuz. Within the hydrogen sector, the debate has followed familiar lines. Some have argued that higher fossil fuel prices improve the competitiveness of renewable hydrogen. Others contend that geopolitical instability merely adds another layer of uncertainty to an industry already struggling to reach commercial maturity. Both arguments have merit. Yet they miss what may ultimately prove to be the most…
Top News in Wind Energy
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The Day-Ahead Trap: How Bulgaria Accidentally Built Europe’s Most Cutthroat Energy Market
On April 25 this year, the price of electricity on Bulgaria’s day-ahead exchange fell to minus €100 per megawatt-hour. Generators were paying the grid to take their power. “Such a marvel has never…
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The Meshed Offshore Grid: a Hardware Story and a Harder, Quieter One
Author: Derek Michalski, Chief Editor. Offshore wind’s move to High Voltage Direct Current transmission is usually explained as a simple physics fix: AC…
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Does the European CfD auction model need a fundamental redesign?
Author: Derek Michalski, Chief Editor. Until now the Contract for Difference has been treated as settled policy furniture — the mechanism that turned…
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Grid-Forming Inverters: The Quiet Shift Rewriting Europe’s Grid Engineering
Grid stability used to be a byproduct nobody had to design for. Spin enough steel — the rotating mass inside coal, gas,…
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Europe’s Wind Turbine Market Accelerates: Vestas and Nordex Book 12.8 GW in H1 2026
Author: Derek Michalski, Chief Editor. Europe’s wind turbine procurement market is showing measurable signs of acceleration in 2026, with order intake at the…
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Europe’s Nuclear Bet Is Being Made Against an Electricity System That Does Not Yet Exist
Author: Derek Michalski, Chief Editor. Europe is committing billions to new reactors as data centres, electrification and AI drive electricity demand higher. But…
