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Germany Saw 78 Hours of Negative Prices in May

POWER
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Germany’s power market recorded 78 negative priced hours in May, compared with 50 hours in April according to Rabot Charge’s monthly analysis, cited by PV magazine.

  • German solar PV output averaged 11.67GW in May, up from 8.96GW in April, and up from 10.54GW in May 2023.
  • Onshore wind output in Germany averaged 8.32GW last month, down from 13.18GW in April and down from 9.07GW in May 2023.
  • German offshore wind output last month averaged 2.05GW, down from 3.03GW in April and down from 2.12GW in May 2023.
  • Germany could see more negative hours this month, especially on the weekends, with the latest renewables forecasts suggesting wind output to pick up from this weekend (8/9 June) while solar PV output is forecast to remain high, which is likely to pressure prices.
  • Germany: Wind for 5-11 June: 13.58GW (-199MW), 7.66GW (+886MW), 5.80GW (+1.29GW), 9.12GW (-2.50GW), 14.81GW (-5.84GW), 17.37GW (unchanged), 17.68GW (+257MW).
  • Germany: Solar for 5-11 June: 10.95GW (-387MW), 14.10GW (unchanged), 13.06GW (unchanged), 11.89GW (-248MW), 11.08GW (unchanged), 11.43GW (-467MW), 10.57GW (-407MW).




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Germany’s power market recorded 78 negative priced hours in May, compared with 50 hours in April according to Rabot Charge’s monthly analysis, cited by PV magazine.

  • German solar PV output averaged 11.67GW in May, up from 8.96GW in April, and up from 10.54GW in May 2023.
  • Onshore wind output in Germany averaged 8.32GW last month, down from 13.18GW in April and down from 9.07GW in May 2023.
  • German offshore wind output last month averaged 2.05GW, down from 3.03GW in April and down from 2.12GW in May 2023.
  • Germany could see more negative hours this month, especially on the weekends, with the latest renewables forecasts suggesting wind output to pick up from this weekend (8/9 June) while solar PV output is forecast to remain high, which is likely to pressure prices.
  • Germany: Wind for 5-11 June: 13.58GW (-199MW), 7.66GW (+886MW), 5.80GW (+1.29GW), 9.12GW (-2.50GW), 14.81GW (-5.84GW), 17.37GW (unchanged), 17.68GW (+257MW).
  • Germany: Solar for 5-11 June: 10.95GW (-387MW), 14.10GW (unchanged), 13.06GW (unchanged), 11.89GW (-248MW), 11.08GW (unchanged), 11.43GW (-467MW), 10.57GW (-407MW).