Plugged In: the energy news podcast
Plugged In: the energy news podcast
Montel News
Snorkelling for negative prices
34 minutes Posted May 7, 2026 at 4:00 am.
Norway’s Hydro Situation Explained
Expert Panel Joins The Forecast
Weather Models And Snow Uncertainty
How Hydro Producers Adapt
Negative Prices And Binary Power
Grid Bottlenecks And NO4 Frustration
Final Takeaways And Listener Requests
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Show notes
Norway - and the Nordic power system more generally - have seen fewer instances of negative prices than their continental counterparts in recent weeks. Why has the region been “snorkelling” while others have been plumbing the depths of negative prices. Norway’s hydropower system is under pressure after one of the coldest winters in 16 years and a prolonged period of low precipitation. Reservoir levels in southern Norway remain well below normal, raising questions about energy security, winte...