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Germany records 50 hours of negative electricity prices for April, largely due to renewables.

Average retail prices fell to €6.24 ($6.70)/kWh on the German electricity spot
market in April, largely due to renewables covering about 70% of the
network load. These low price levels in the electricity market can be
attributed to the high shares of renewables in Germany. According to Rabot
Charge, renewable energy systems covered 70% of the network load in April.

PV Magazine 3rd May 2024

May 6, 2024 - Posted by | Germany, renewable

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