Project News Details
Title:
Europe’s negative electricity price hours double in Q1 amid renewables surpluses, market imbalances
Detail:
UK-based consultancy Ricardo, part of the WSP Group, reports that EU-27 day-ahead power markets saw 1,223 negative-price hours in Q1 2026, more than double Q1 2025, driven mainly by Spain, Portugal, and Greece, while Nordic markets fell back to zero after prior spikes. Germany’s April 2026 data shows negative prices aligning with large renewable forecast errors and likely curtailment during oversupply periods.
Source:
PV-Magazine
Published Date:
07.05.2026
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