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On the show
Recent episodes
Gas storage: Complacency or Crunch?
Apr 30, 2026
31m 21s
Reshaping French energy
Apr 23, 2026
36m 16s
“Strange” prices rattle Europe's power markets
Apr 16, 2026
37m 02s
Gulf Ceasefire: fragile or firm?
Apr 9, 2026
33m 29s
PPA slowdown – temporary or permanent?
Apr 9, 2026
42m 30s
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| Date | Episode | Description | Length | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 4/30/26 | ![]() Gas storage: Complacency or Crunch? | Europe may have emerged from winter without a full-scale gas crisis; but with storage levels unusually low, geopolitical tensions rising, and summer-winter price spreads offering little commercial incentive, the real challenge may only just be beginning. Germany, home to Europe's largest gas storage capacity, is facing mounting pressure to refill ahead of winter while the war in the Middle East, uncertainty around LNG transit through the Strait of Hormuz, and fragile industrial demand all clo... | 31m 21s | ||||||
| 4/23/26 | ![]() Reshaping French energy | From the streets of Paris to the heart of Europe’s energy regulation, this episode explores how geopolitics, market design and infrastructure are reshaping France’s - and the continent’s - energy future. As tensions in the Gulf ripple through global gas prices and Europe’s energy markets, France finds itself in a uniquely resilient position, buoyed by nuclear power, growing renewables and strong export capacity. But beneath that stability lie complex questions about pricing, inter... | 36m 16s | ||||||
| 4/16/26 | ![]() “Strange” prices rattle Europe's power markets | Across Europe, power prices are behaving in ways that are leaving even seasoned market participants questioning what they’re seeing. From negative prices to seemingly counterintuitive flows between some price zones, the electricity system is becoming harder to interpret, and certainly more complex. On April 6, negative prices of EUR -15,000/MWh in Belgium's balancing market highlighted just how volatile and weather-driven Europe's power system has become. But are these signals a sign of dysfu... | 37m 02s | ||||||
| 4/9/26 | ![]() Gulf Ceasefire: fragile or firm? | A fragile ceasefire in the Gulf offers a moment of relief; but is it already beginning to unravel and will it have lasting implications for gas supply in the region and far beyond? Recorded on the morning of April 9, amid fast-moving geopolitical developments, this special episode examines what the latest developments mean for global energy markets, LNG flows, and Europe’s energy security. Is this ceasefire a genuine turning point, or simply a pause before further escalation? Host... | 33m 29s | ||||||
| 4/9/26 | ![]() PPA slowdown – temporary or permanent? | In this episode of Plugged In, we return to Power Purchase Agreements (PPAs) and their role in Europe’s energy transition. After years of rapid expansion, the PPA market hit a slowdown in 2025. Falling capture rates, rising negative prices and increasing volatility have made deals harder to structure and price, forcing both buyers and sellers to rethink how risk is shared. At the same time, renewable capacity continues to grow, reshaping price dynamics and pushing the market into a more compl... | 42m 30s | ||||||
| 4/2/26 | ![]() Coal makes a comeback | In this episode of Plugged In, we turn to a topic we haven’t covered often; but one that’s rapidly moving back into the spotlight: coal. As war in the Middle East disrupts LNG supply chains and drives gas prices sharply higher, European power markets are being forced to adapt. With gas-fired generation becoming increasingly expensive, coal is, at least temporarily, regaining economic relevance. We’re now seeing early signs of increased coal imports, particularly in key markets like Germany, a... | 31m 30s | ||||||
| 3/26/26 | ![]() Another Power Squeeze? | In the third episode of our energy crisis miniseries, we turn to Europe’s power markets, where rising gas prices, renewed volatility and political uncertainty are once again putting the electricity system under pressure. Although the current crisis is not a repeat of 2022, it is exposing fresh vulnerabilities; from low hydro levels in the Nordics and gas storage concerns in western Europe, to growing questions over market design, interconnectors and the pace of the energy transition. So how r... | 44m 02s | ||||||
| 3/19/26 | ![]() A New Gas Shock? | *** This episode was recorded on Wednesday before attacks on Qatari and Iranian energy infrastructure. But the message from the guests is still highly relevant - the wholesale gas market has not fully priced in the geopolitical risk premium. In this second episode of our special series on the war in Iran and its implications for energy markets, we focus on a potential looming gas crisis. As Europe enters the crucial storage refill season with lower-than-usual inventories and a far more... | 43m 45s | ||||||
| 3/12/26 | ![]() A fresh energy crisis? | As wholesale markets remain nervous and volatile, there are renewed calls for policymakers to intervene to shield large energy users from spiking prices. But are markets failing? And could ill-conceived, knee-jerk interventions disrupt the EU’s internal energy market? Rising geopolitical tensions and disruption to key global shipping routes have pushed gas, power and oil prices sharply higher in recent weeks. While Europe’s energy system is better prepared than it was during the 2022 crisis, ... | 34m 16s | ||||||
| 3/5/26 | ![]() Italy's carbon reform and the ETS decree | Italy has launched one of the most controversial proposals in the European energy market in years. In a bid to lower electricity prices and boost the competitiveness of Italian industry, the government has proposed shifting the cost of carbon emissions from gas-fired power plants to consumers. Supporters say the move could reduce wholesale power prices and ease pressure on businesses facing high energy costs. But critics warn it could undermine the foundations of the EU Emissions Trading Syst... | 39m 40s | ||||||
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| 3/3/26 | ![]() Hormuz on the Brink, Energy Markets in Shock [Special episode] | Middle East escalation has put the Strait of Hormuz; the world’s key energy chokepoint, under threat. We assess the impact on Brent crude, European gas (TTF), and global LNG, with a focus on Qatar’s supply and Europe’s exposure. Joined by Hussein Ibish, Senior Resident Scholar at the Arab Gulf States Institute, Dan Marks, Research Fellow for Energy Security at RUSI, and Henning Gloystein, Eurasia Group, they discuss whether Iran would truly close Hormuz, the risks to shipping and infra... | 40m 51s | ||||||
| 2/26/26 | ![]() Ukraine 4 years on: Destruction, Resilience and decentralisation | This week marks the four-year anniversary of Russia's full-scale invasion of Ukraine - a war which has unearthed new hybrid warfare tactics and the targeting of crucial gas and electricity infrastructure in the country. What has changed this winter for the people of Ukraine, and will Putin's mission to "freeze Ukraine” and brutally destroy its energy work? In this episode, Richard speaks to guests in Kyiv about the daily realities that the people of Ukraine have experi... | 35m 46s | ||||||
| 2/19/26 | ![]() Nordic power market competition heats up | With Nord Pool set to offer electricity futures contracts from March, competition for liquidity on the Nordic power curve will heat up this year. Who will come out on top? Also, the European Commission, along with the energy regulators, wants to create a new, centralised unit to operate day-ahead market coupling in the EU. Whilst market participants agree with the need for increased regulatory oversight, there is concern from exchange bosses that this would promote a single point of fai... | 27m 43s | ||||||
| 2/12/26 | ![]() A geopolitical state of emergency? | As tensions between Iran and the US intensify, Russian mounts fresh attacks on Ukraine's energy infrastructure, and President Trump softens his stance on the US grab for Greenland, France´s President Macron has warned Europe about a false sense of security, even a state of emergency. In this episode, Richard speaks to our guests in front of a live audience at E-world in Essen, Germany, about the outlook for Europe's supply and demand under these ongoing geopolitical rumblings: Lis... | 36m 14s | ||||||
| 2/5/26 | ![]() Norway's looming "supply squeeze" | Norway is normally an exporter of electricity to its neighbours , but experts are sounding alarm bells. They warn that the increase in demand from electrification and data centres will eclipse the country's abundant power supply. Has Norway now reached that crucial turning point? In this episode, Richard sits down with Nordic market experts at the Pareto Securities conference in Oslo to discuss the how government subsidies are distorting investment decisions, and why major demand driver... | 27m 45s | ||||||
| 1/29/26 | ![]() Rewiring Europe - will offshore wind be a "winner"? | Ten European countries in Europe came together in Hamburg earlier this week to sign a commitment to deliver 100GW of offshore wind in the North Sea - a move the German energy minister labelled as "a historic moment for Europe." After a year of failed auctions and cancelled wind projects across some countries in Europe, does this "pact" reveal Europe's commitment to energy independence following President Trump's abuse directed at "loser windmills"? In this episode, Richard speaks to offshore ... | 41m 20s | ||||||
| 1/22/26 | ![]() The Greenland play | This week, US President Donald Trump confirmed his plans to annex Greenland, threatening European members of NATO with higher tariffs if they try to stand in his way. Despite European leaders expressing messages of defiance and retaliation to these threats from the US, does Europe's reliance on the US for its LNG - and the tariffs negotiated as part of the 2025 EU-US deal - leave the continent in a weak position to oppose Trump? In this episode, Richard speaks to geopolitical and ... | 38m 14s | ||||||
| 1/15/26 | ![]() Iceland geothermal: Engineering calm in a volcanic storm | In this week's episode, we take a trip to the Reykjanes Peninsula in Iceland to visit the Svartsengi power Station. Located only several hundred metres from several active volcanoes, the 85 MW geothermal plant has withstood 12 eruptions over the past few years - only shutting down once when power lines actually melted. Richard sits down with HS Orka's CEO to find out exactly how this resilient power station kept running when lava was flowing down the mountainside and the local resident... | 30m 59s | ||||||
| 1/8/26 | ![]() The 'Donroe doctrine' and the new world order | One week into the new year, and President Trump is continuing his mission to tear up the prevailing international order, creating further incertainty for global oil and gas markets following his attack on Venezuela and the arrest of its President, Nicolás Maduro. Meanwhile, Denmark has replied to US threats to annex Greenland, and Russia continues to target Ukraine's power infrastructure, despite ongoing ceasefire talks. In the first official episode of the new Plugged In podcast season... | 32m 47s | ||||||
| 1/2/26 | ![]() A new year for Europe's energy sector | Negative power prices, geopolitical tension, energy policy, batteries and strengthening the grid - what's in store for Europe's energy markets in 2026? In our first episode of the new year, Richard sits down with Montel's Editors from France, Spain, Germany, Italy, the Nordics, and the UK to review the key events from 2025, and discuss the headlines predicted to affect Europe's energy sector in 2026. Host: Richard Sverrisson - Editor-in-Chief, Montel News Guests: Chr... | 40m 39s | ||||||
| 12/19/25 | ![]() Drink whisky, help save the planet - fuelling the energy transition | How could our Christmas leftovers, such as rejected potatoes and 'pottail' from whisky distilleries, fuel the energy transition? In our final episode for 2025, Richard sits down with a company in Scotland to discuss how they produce bio-based green chemicals from food and drink byproducts, and how these greener alternatives are already helping pharmaceutical and cosmetic industries wean off fossil fuel chemicals. Host: Richard Sverrisson - Editor-in-Chief, Montel News Contributor:... | 23m 08s | ||||||
| 12/12/25 | ![]() Russian gas? “No, never again” says EU Energy Commissioner | It's been a busy first year for the EU Energy Commissioner Dan Jørgensen. The Iberian blackout, grid congestion, curtailment of renewable energy and a record number of negative prices. How does he plan to tackle some of these issues in 2026? In this episode, Richard sits down with the EU´s top energy official in the heart of the European Commission to discuss the details of his grids package released earlier this week, his stance on the future of Russian gas supplies, and how he is trying to ... | 28m 22s | ||||||
| 12/5/25 | ![]() Looming LNG oversupply: what will drive gas prices in 2026? | The global LNG market has been tight since 2022, with prices remaining around USD 10/MMbtu (about EUR 30/MWh). However, with the one-year countdown to the complete phase-out of Russian gas starting next month, and a new wave of LNG capacity from the US and Qatar expected to come online from next year - could prices drop as low as USD 7/MMbtu? In this episode, Richard sits down with LNG analysts and geopolitical experts to discuss how Asia could see a strong demand rebo... | 35m 35s | ||||||
| 11/28/25 | ![]() Good COP, bad COP | Has the flagship climate conference of the parties (COP) lost its touch? One week after the closing of the annual COP conference, we examine the deals - or non-deals - that came out of the two weeks of negotiations, and why the EU failed in its negotiations to deliver a plan for the global transitioning away from fossil-fuels. Richard speaks to Lord Adair Turner about the pressure from petro-states on negotiations, the unusual alliances with developed count... | 30m 28s | ||||||
| 11/21/25 | ![]() Germany's industry power price: hit or miss? | Germany boasts the biggest economy in Europe. Yet energy-intensive industries in the country are struggling with high energy costs versus their global competitors. The German government has said it will aim to lower the cost of power to EUR 50/MWh - far below current wholesale prices - from 1 January 2026 with the launch of its new industry power price. What are the implications for German companies, larger firms as well as the smaller and medium sized companies that are the engines of ... | 28m 14s | ||||||
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