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

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."

  • @CosmoNovaEnglish
    10•3 days ago

    Neat. Now watch everyone collectively forget about it the very second nuclear power is brought up.

    • @rottingleafEnglish
      9•3 days 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.

    • @BMTeaEnglish
      2•3 days ago

      I don’t get why it is relevant. Energy is cheap and abundant today almkst everywhere that isn’t sanctioned or a warzone.

      • @piecatEnglish
        0•3 days ago

        But, but, AI!