Germania registra 453 ore di prezzi elettrici negativi da inizio anno
Germany records 453 hours of year-to-date negative electricity prices
di Wagamaga
Germania registra 453 ore di prezzi elettrici negativi da inizio anno
Germany records 453 hours of year-to-date negative electricity prices
di Wagamaga
11 commenti
These figures are likely to draw the attention of operators of large battery storage systems. On the first day of this week, sunny and windy conditions combined with low grid load produced additional hours of negative exchange electricity prices, surpassing last year’s record of 453 hours. As of Aug. 24, Germany had recorded 457 hours of negative day-ahead exchange prices.
This trend was evident earlier in the year, with 389 hours logged in the first half. July added another 12 hours, while August has so far contributed 56 hours of negative exchange prices.
The number of hours above €100/MWh has also already exceeded last year’s level. Blackout and crisis preparedness expert Herbert Saurugg analyzed the data for his platform, estimating 2,476 hours above €100/MWh so far this year, compared with 2,310 in 2023. During the energy crisis following Russia’s invasion of Ukraine, there were far more peak price phases. Saurugg calculated 7,379 such hours in 2022 and 4,116 in 2023.
Germany also had one of the highest consumer electricity prices in Europe. They really need to invest a lot more to energy storage, otherwise building more renewables results in diminishing returns when it comes reducing emissions and electricity prices.
Now lets see what fees, taxes and other jokes governments and companies will come up with to make sure our benefits are as little as possible 🙂
Do the negative prices fully get passed on to consumer energy bills or energy supplier/companies pockets?
This is not good news. It’s actually a fu** up.
Germany introduced instability in the network, which prices either negative or at 100€. This is bad for operators and consumers. Germany needs to stabilise the network ( batteries, nuclear etc ) to avoid this.
Even the Nordic countries want to disconnect from the European grid because Germany is increasing the prices for them with this.
Portugal and Spain are disconnected from the European grid because would be bad for French nuclear power.
Meanwhile with this self inflicted things energy for the industry is super expensive and damage the competitiveness of EU.
Funny enough France and Germany never wanna Spain to connect to France, now with the war in Ukraine electricity in Spain is cheaper then Germany and you see industries moving or starting new projects in Spain hurting Germany economy. Play stupid games win stupid things.
In the AI race for data centers Europe is no where to be found. US and China are heavy preparing the energy network for huge data centers. Europe is so behind.
We had negative energy prices for two weeks in a row.
So they pay you to use electricity during that time?
2024 in Finland there were 900h of negative or zero price hours.
Also Germany; highest electricity prices in the world
There’s clearly something not working with the whole renewables business model. Negative electricity prices and some of the highest prices in Europe.
That must mean that German energy prices are low oh wait