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German Power Slips Below Zero as Negative-Price Phenomenon Grows (www.bloomberg.com)

submitted 2 months ago by [email protected] to c/[email protected]

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German power prices dropped below zero on the first trading day of the year, an increasingly frequent phenomenon in Europe as renewables expand.

Intraday prices in Germany, the region’s biggest market, turned negative during four hours overnight as wind-energy output reached as much as 40 gigawatts, far outstripping demand."

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[–] [email protected] 10 points 2 months ago

The whole point of bringing up nuclear power is that that its output is constant.

The whole point of this article is that renewable electricity production sometimes grows so much that there's not enough storage.

Yes, you can't just count integrated production, because without necessary storage it's just wasted. At best.