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Power systems under pressure: managing drought and extreme heat

Water tells its own story in the Nordics, we unpack what reservoirs, snowpack and inflow signal for prices ahead.
Power systems under pressure: Managing drought and extreme heat webinar

Webinar overview  

Drought and extreme heat are regularly putting European power systems under pressure. Low river levels reduce hydropower generation, restrict the cooling of nuclear and thermal plant and limit the transport of fuel to power stations. At the same time, higher temperatures increase electricity demand and contribute to greater price volatility in power markets.  

In this webinar, experts will examine how current weather conditions are affecting electricity generation, security of supply and wholesale power prices. How can Europe build greater resilience to extreme weather and the climate crisis? 

Themes covered in the webinar  

  • Impact on hydropower, nuclear and thermal generation  

  • European power prices – hedging the price volatility 

  • The role of imports, storage and flexibility during periods of system tightness  

  • The short-term market outlook and lessons for future power system resilience 

What will you learn in the webinar?  

Attendees will gain a clearer understanding of how drought and extreme heat affect electricity supply, demand and wholesale power markets.  

The webinar will explain which indicators market participants should monitor, how the current conditions could influence the short-term outlook and what measures could help power systems prepare for future extreme weather events.   

Who should attend this webinar?  

This webinar is relevant for:  

  • Power traders and market analysts  

  • Utilities and energy suppliers  

  • Generation and storage operators  

  • Portfolio and risk managers  

  • Energy procurement professionals  

  • Energy-intensive businesses  

  • Policymakers and regulators  

 

Speakers

Snjólfur Richard Sverrisson

Editor in Chief • Montel News

Snolfur Richard Sverrisson is Editor-in-Chief of Montel News, leading Europe’s largest team of specialist energy journalists. With more than two decades of experience in energy reporting and editorial management, he has steered Montel’s newsroom to become the benchmark for timely, independent, and insightful coverage of European power and gas markets. His expertise spans market dynamics, policy developments, and the transition to renewables, making him a trusted voice for professionals navigating the energy sector’s complexities.

Jean-Paul Harreman

Director • Analytics • Montel Energy

Jean-Paul Harreman is a Director and Continental Western Europe market expert at Montel Analytics (formerly EnAppSys, which he joined in 2017 to set up its European business unit). He has worked in energy markets since 2001 across various analytical and management roles, with particular expertise in short-term power market dynamics such as curtailment and negative pricing.

Francesco Sassi

Postdoctoral Fellow • Department of Political Science • University of Oslo

Francesco is a Postdoctoral Fellow/Assistant Professor in the Department of Political Science at the University of Oslo. Prior to academia, they worked in energy consultancy, and they continue to collaborate with public and private institutions on energy geopolitics, energy security, and energy diplomacy.

Julian Popov

Climate Policy Expert

Julian Popov is a Bulgarian-British energy and climate policy expert who has twice served as Bulgaria's Minister of Environment and Water, and as the country's energy security adviser and goodwill ambassador for energy and climate policy. He is a Senior Fellow at Strategic Perspectives.