322
European electricity prices tumble into negative territory amid glut of green energy
(markets.businessinsider.com)
this post was submitted on 20 Jul 2023
322 points (98.8% liked)
Green Energy
2201 readers
242 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
Wholesale rates. Someone normally selling is paying. Note that most wholesale power is under a long term contract and so not subject to wholesale prices. Thus overall your power comes from guaranteed price contracts ,but your rates are a bit lower because what the contracted power costs is low.