negative power prices

IPPs across Europe are rapidly adapting their business models as negative power prices become increasingly prevalent.

One of the “market signals” the company cited is an increase in negative electricity prices across Europe, as supply exceeds demand.

Falling solar wholesale prices in California mean subsidies will likely be needed to sustain the cost-effective deployment of PV in the state over the next three decades, according to a new report from research centre the Breakthrough Institute.

Instances of negative power pricing more than doubled in Europe in the first nine months of this year, prompting concerns for generators across the continent.