All about Power market

In the energy sector, the term “curtailment” refers to the reduction of power production (“generation curtailment”) or – less frequently - power consumption (“load curtailment”) when there is too much electricity in the grid (generation curtailment) or when there is not enough power in the grid (load curtailment). Curtailment aims at lessening the stress on the grid at a given moment of the day. Most commonly, curtailment is associated with the reduction of infeed from renewable energy sources.

Power trading refers to purchasing and selling power between participants in the energy industry . Various forms of power trading are possible depending on the market design, ranging from short-term trading to long-term power purchase agreements.

The COVID-19 pandemic shakes up the world – but the power grid in Europe remains stable. What ensures this stability and how do the electricity markets in Germany and Europe react to the situation?