Latest briefings
Three ways to read the market: Daily updates keep you current in two minutes, Briefings dig into the numbers behind the week's moves, and Editorials tell the long stories of how Europe's power system really behaves. Combine the filters below to narrow what you see. Pick as many as you want at each level.
BriefingsBESSSpainSpanish BESS spread hits €237/MWh: a 148% premium to baseline
The 27 July 2026 intraday spread in the ES zone reached the 99th percentile of a 730-day sample, z-score 3.86.
By Vantage Editorial
BriefingsBESSSpainSpanish BESS spread hits 99.9th percentile in W31 2026
The 7-day mean daily spread in the ES zone reached €178.8/MWh: 87.6% above the 733-day baseline of €95.3/MWh and a z-score of 3.29.
By Vantage Editorial
BriefingsBESSPortugalPortuguese BESS spread hits €185.56/MWh, 99th percentile of 733-week history
The 7-day mean daily spread in the PT zone reached €185.56/MWh on 2026-08-10, nearly double its long-run baseline.
By Vantage Editorial
EditorialBESSPortugalSeven hours of free power, one expensive evening
On 19 July the Portuguese zone spent seven hours at zero and cleared 175.76 €/MWh at 21:00: a 175.79 €/MWh spread, 92% above baseline, and July’s opening move.
By Vantage Editorial
EditorialSolarSpainThe month the sun worked for three euros
Spanish solar capture prices fell from €61 in spring 2023 to €2.97 in May 2025. We computed the collapse from our own data, and it has reached winter.
By Vantage Editorial
EditorialGridSpainFive seconds in April: anatomy of the Iberian blackout
How a voltage surge nobody had planned for switched off Spain and Portugal in under thirty seconds, and what the overnight restart reveals about AC grids.
By Vantage Editorial