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Record output from Germany’s wind power posing problems about pricing

Independent 27th Oct 2017,German power producers are poised to pay customers to use electricity this
weekend. Wind generation is forecast to climb to a record on Sunday,
creating more output than needed and driving electricity prices below zero,
broker data compiled by Bloomberg show.

It would be the first time this year that the average price for a whole day is negative, not just for
specific hours. Germany’s grid operators can struggle to keep the balance
between how much energy people are using and how much is being produced
when there are high amounts of wind generation. Negative prices mean that
producers must either shut down power stations to reduce supply or pay
consumers to take the electricity off the grid.
http://www.independent.co.uk/environment/germany-grids-paying-electricity-customers-renewable-energy-power-surplus-wind-solar-generation-a8022576.html

October 29, 2017 - Posted by Christina Macpherson | Germany, renewable