Episode 431: PICASSO platform is step towards EU real-time electricity market, despite concerns

Episode 431: PICASSO platform is step towards EU real-time electricity market, despite concerns

The EU is moving closer towards the development of a real-time electricity market thanks to critical tools such as the Platform for the International Coordination of Automated Frequency Restoration and Stable System Operation, (PICASSO) and, more recently, the launch of quarter hourly trading intervals.

Somewhat like Picasso’s art, the platform is a bold attempt to harmonise the EU’s diverse markets and bring efficiency in an ecosystem increasingly dominated by renewable generation, which will require more real-time responses as this capacity expands.

However, in recent months, it has raised many concerns because of price volatility, with some countries delaying its adoption. Italy, however, seems to be moving in opposite direction, preparing to rejoin after pulling out.

In this podcast, energy market specialists Giovanni Musella and Tatjana Jovanovic talk to Aura Sabadus about the problems that have been flagged by participants and the solutions proposed to smooth out operations.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(433)

Episode 444: The next big commodity in gas markets is not gas, it is data

Episode 444: The next big commodity in gas markets is not gas, it is data

Europe's gas market is entering a new era in which transparency is becoming just as valuable as the resource itself. As policymakers tighten requirements around carbon emissions, methane monitoring an...

30 Jun 27min

Episode 443: Europe’s biomethane sector gains momentum despite policy challenges

Episode 443: Europe’s biomethane sector gains momentum despite policy challenges

While Europe’s long-term biomethane potential remains strong as output is projected to reach up to 35bcm by 2030, growth is being slowed by regulatory bottlenecks, permitting delays and feedstock cons...

20 Mai 25min

Episode 442: Poland bets on LNG and tariff reform to strengthen CEE gas hub status

Episode 442: Poland bets on LNG and tariff reform to strengthen CEE gas hub status

Since Russia sharply reduced gas supplies to Europe in 2022, Poland has emerged as a key regional gas crossroads, underpinned by its Swinoujscie LNG terminal, expanded interconnections and access to B...

15 Apr 30min

Episode 441: War, energy shocks and what comes next

Episode 441: War, energy shocks and what comes next

Energy markets were jolted into crisis after war erupted in the Middle East on 28 February, abruptly ending expectations of a calm year marked by abundant oil and gas supply and falling prices.As the ...

24 Mar 30min

Episode 440: LNG remains critical to Europe's security of supply despite geopolitical and regulatory risks

Episode 440: LNG remains critical to Europe's security of supply despite geopolitical and regulatory risks

The US-Israeli led war against Iran has unleashed extreme volatility across energy markets, with natural gas prices rising as much as 70% in the first ten days of March.Traders fear that the longer th...

11 Mar 30min

Episode 439: Deeper EU market is key to address economic, security challenges

Episode 439: Deeper EU market is key to address economic, security challenges

Europe’s single market is widely regarded as the jewel in the crown of EU integration. However, the energy crisis of 2022 showed that its electricity and gas markets remain fragmented, exposing the bl...

25 Feb 35min

Episode 438: Lithuania's LNG terminal is a key CEE energy security actor - CEO

Episode 438: Lithuania's LNG terminal is a key CEE energy security actor - CEO

Lithuania’s offshore Klaipeda LNG terminal had a record year in 2025, with the port’s utilisation rate soaring well above the EU average. Operator KN Energies anticipates an even better year in 2026. ...

27 Jan 25min

Episode 437: EU biomethane market blooms but challenges slow down progress

Episode 437: EU biomethane market blooms but challenges slow down progress

The EU’s biomethane market has been developing at speed.Since 2023, production has risen more than 30% and the fuel is fast becoming not just an instrument to reach energy transition targets but is al...

21 Jan 26min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
fotballpodden-2
forklart
popradet
stopp-verden
det-store-bildet
lydartikler-fra-aftenposten
rss-gukild-johaug
hanna-de-heldige
dine-penger-pengeradet
rss-ness
aftenbla-bla
e24-podden
rss-espen-lee-usensurert
rss-penger-polser-og-politikk
ta-dokumentar
nokon-ma-ga
grasoner-den-nye-kalde-krigen