September 03, 2024 10:53 GMT
POWER: German Day-Ahead Negative Prices More Than Doubled YoY in YtD
POWER
Negative day-ahead price occurrences in Germany more than doubled in the January-August period this year to 373, compared with 166 in the same period last year according to ICIS.
- Especially April, May, June and August saw an increase in negative prices, amid higher solar PV output and lower demand in April and May.
- On a daily level, negative prices become more frequent, except for Monday, with most negative price occurrences during weekends.
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