Renewables overproduction turns electricity prices negative

Tempo di lettura ca.: 23 secondi


Paris (AFP) July 24, 2024

With the proliferation of solar panels and wind turbines an unusual phenomenon is becoming more and more frequent: wholesale electricity prices turn negative.

While that may brighten the mood of consumers whose power bills have surged in recent years, it could undermine the further development of renewables, a key element in the fight against global warming.

The increasingly frequent phe

[[{“value”:”Paris (AFP) July 24, 2024

With the proliferation of solar panels and wind turbines an unusual phenomenon is becoming more and more frequent: wholesale electricity prices turn negative.

While that may brighten the mood of consumers whose power bills have surged in recent years, it could undermine the further development of renewables, a key element in the fight against global warming.

The increasingly frequent phe”}]]


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