Read in-depth analysis and commentary on energy trends and market developments.
The Belgian Day-Ahead market recorded 617 hours of negative pricing in 2025, spread across 8 of the 12 calendar months — a structural feature of how the grid operates today.
As European power systems absorb increasing volumes of variable renewable generation, storage is no longer evaluated solely on technical performance — the decisive question is economic viability at scale.
European electricity markets are undergoing a fundamental transformation. As solar capacity expands across the continent, the relationship between renewable generation and wholesale prices becomes increasingly complex.
As global power systems integrate increasing volumes of renewable generation, solar photovoltaic has become the central driver of renewable system expansion — and the transition is increasingly solar-led and strategically asymmetric.
As silicon approaches its theoretical physics limit, the industry faces a structural transition. The decisive question is no longer "how cheap can we make a panel?" but "how much energy can we extract from a single cell?"
Since 2010, the solar industry has shifted from a high-cost subsidized sector to a primary pillar of the global power system. As module prices approached a functional floor of $0.26/Wp in 2024, momentum shifted from marginal additions to system-wide dominance.