Dunkelflaute Alert — windless cold snaps could send prices soaring once more

Europe is bracing for another winter as its power system is rewired around renewables like wind and solar. But with flexible fossil fuels being scaled back, unease is growing about the possibility of a “Dunkelflaute”— a windless cold snap that hits when demand peaks and has been responsible for catapulting prices overnight over the last year.

Reporting by Julia Demirdag, Reporter, Montel News. Contributor: Alessandro Armenia, Insight Analyst Power, Kpler.