326
European electricity prices tumble into negative territory amid glut of green energy
(markets.businessinsider.com)
this post was submitted on 20 Jul 2023
326 points (99.4% liked)
Green Energy
2284 readers
65 users here now
Everything about energy production and storage.
Related communities:
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It basicly shows that renewables are able to produce more power then electricity demand at times. That means more electricity storage, flexible demand and a better grid is needed to use the currently wasted electricity. Especially the flexible demand is something a lot of other green technologies provide, like for example heat pumps having kind of built in storage with a hot water tank and evs have batteries anyway.
Basicly good news, but a long way to go.
Still, finally. Some actual good news. As little as it may be, it's something. That better than what we see most days.