Rachael Burnett

Madrid

Environmental Markets Reporter at Montel

Environmental markets reporter at Montel in Spain

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Articles

A new chapter for Nordic grid balancing

1 month ago | montelnews.com | Rachael Burnett

Share: URL has been copied to clipboard Priyanka Shinde, Nordic expert at Montel Analytics, examines the challenges and opportunities of recent changes to the region’s balancing market, where prices recently surged to nearly EUR 5,000/MWh.
Are renewables eating themselves?

1 month ago | montelnews.com | Rachael Burnett

Share: URL has been copied to clipboard Josephine Steppat, senior energy analyst at Montel Analytics, examines how developments in recent years such as the energy crisis, price volatility and the renewables buildout have affected PPAs in Europe – and how cannibalisation is increasingly becoming a feature of the market.
An introvert’s guide to E-World

1 month ago | montelnews.com | Rachael Burnett

Share: URL has been copied to clipboard Jean-Paul Harreman, director of Montel Analytics, explains how a learning mindset is a useful tool in the energy industry.
Taking aim at markets

2 months ago | montelnews.com | Rachael Burnett

Share: URL has been copied to clipboard Richard Sverrisson, Montel’s editor-in-chief, examines the impact of populism on energy markets and shares his five top tips on how to design a crisis-proof energy strategy.
The AI revolution needs power. Can the UK keep up?

2 months ago | montelnews.com | Rachael Burnett

Can you remember when you first became aware of AI? Not as a science fiction concept, but as something real, tangible and unfolding in the world around you. For me, that moment came when I first used ChatGPT, OpenAI’s immensely popular chatbot, shortly after its launch. I was blown away by how quickly it could respond while maintaining logic and coherence, no matter what problem I threw at it.
Sabotage at sea, Europe’s energy under attack

2 months ago | montelnews.com | Rachael Burnett

You have probably heard the phrase: “We are in the middle of a war over energy” in discussions about prices, subsidies and fuel supply security. But recent events in the Baltic and North Seas have given this statement a new and more concerning meaning. We are in the midst of a hybrid war. Fortunately, this conflict has not yet resulted in human casualties, so we should use the word “war” carefully.
Why protectionist energy policies produce rotten tomatoes

2 months ago | montelnews.com | Rachael Burnett

Explaining electricity market coupling and price formation is every energy nerd’s dream – hugely complex and wonderfully enjoyable to unpick and explain. So, where better place to start than talking about the price of tomatoes? Bear with me, I will explain. Tomatoes produced in Spain are the cheapest as they are produced locally. Spanish tomatoes in Sweden have a higher price due to transportation, handling, storage and distribution costs.
Germany and France to reveal nuclear power’s European fate

2 months ago | montelnews.com | Rachael Burnett

Share: URL has been copied to clipboard (Montel) Berlin and Paris have notoriously different views on nuclear energy – and their competing approaches to meeting Europe’s climate objectives will likely settle the fate of the technology on the continent. In their own ways, their visions of a decarbonised future recall the Irish joke: If you want to get there, I wouldn’t start from here.
Are cross-border PPAs worth the risk?

Jan 22, 2025 | montelnews.com | Rachael Burnett

As someone deeply involved in the energy sector, I’ve seen first hand how cross-border power purchase agreements (PPAs) are becoming a vital tool for energy companies and multinational corporations. These contracts, where the energy buyer and seller are in different countries, offer a way to secure long-term energy supplies while advancing sustainability goals. However, they come with their own set of challenges that need careful consideration.
Can the UK turbo charge “tragic, utopian” EV policy?

Jan 20, 2025 | montelnews.com | Rachael Burnett

Share: URL has been copied to clipboard (Montel) Henry Ford kickstarted the passenger car revolution with his Model T in 1908, famously telling customers they could have “any colour as long as it’s black”. Fast forward a hundred-odd years and Jaguar is offering its experimental, all-electric Type 00 in anything as long as it’s “London blue” or “Miami pink”.