New episodes of negative or zero prices in European ele...

Free 1 week trial

Project News Details

Title	New episodes of negative or zero prices in European electricity markets
You can sign up and unlock it for free Access to Public and Private Sector Business Opportunities for 200+ Countries Subscribe now Already a member? Sign in now!
Detail	In the third week of May, negative or zero hourly prices were registered in most of the European electricity markets, especially during the weekend. In the Nord Pool market, the value of -€5.67/MWh registered during an hour on Sunday May 21, is the lowest one in history. For the week as a whole, prices decreased in every market, due to the decrease in demand and gas prices, and also to a higher solar and wind energy production than that of the previous week in several markets.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Electricity Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date	23.05.2023
Original Url	Original Url
Share

Title
New episodes of negative or zero prices in European electricity markets
Detail
In the third week of May, negative or zero hourly prices were registered in most of the European electricity markets, especially during the weekend. In the Nord Pool market, the value of -€5.67/MWh registered during an hour on Sunday May 21, is the lowest one in history. For the week as a whole, prices decreased in every market, due to the decrease in demand and gas prices, and also to a higher solar and wind energy production than that of the previous week in several markets.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Electricity Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date
23.05.2023
Original Url
Original Url
Share