Southwest Europe is facing a rare power crisis! On April 29th, large-scale power outages occurred in Spain, Portugal, and southwestern France, causing chaos in major cities such as Madrid, Barcelona, and Lisbon. Traffic lights malfunctioned, ATMs were suspended, supermarkets were closed, the Madrid Open tennis tournament was forced to be interrupted, and flights at Lisbon airport were delayed for over 8 hours.

The Spanish Ministry of the Interior has declared a national state of emergency. As of 8:00 pm that evening, only one-third of the power supply had been restored. The Portuguese Prime Minister expressed an urgent need to reply as soon as possible. According to preliminary assessments by the operators of the Three Kingdoms power grid, extreme temperature changes have caused abnormal oscillations in the 400 kV ultra-high voltage transmission line, leading to the phenomenon of "grid induced oscillations".

It is worth noting that before the power outage, electricity prices in many European countries plummeted to negative values, with Germany reaching as low as -129 euros per megawatt hour. Experts point out that this exposes the shortcomings of insufficient energy storage facilities in Europe. Despite the record high installed capacity of renewable energy (EU photovoltaic 65.5GW, wind power 285GW), the upgrading of the power grid lags behind the speed of energy transition.

EU officials emphasized that the incident has nothing to do with renewable energy and is not a cyber attack. Spanish Prime Minister Sanchez stated that he will thoroughly investigate the cause of the accident and upgrade the power grid facilities. The power outage once again sounded the alarm for the modernization of energy infrastructure in Europe. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website strategy column editor/Wu Juan