Negative electricity prices could make more economic sense than shutting down wind turbines
Peter Brogden/Alamy
The rapid growth of renewable energy across Europe means that power plants are producing more electricity than they need and are being forced to pay utilities to release it – effectively selling at negative prices. At first glance, this might seem like a good thing for cash-strapped households, but negative prices don’t necessarily lower people’s electricity bills and could have a range of downsides, including disrupting business plans to increase renewable energy.
Electricity prices are primarily determined by the “day before”…
Source: www.newscientist.com
