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European power prices fall below zero with green power boom (

Electricity prices across Europe are set to fall below zero this weekend as the continent experiences a surge of summer winds combined with the peak season for solar generation.

The sub-zero prices are a preview of what’s to come for European power markets if a flood of planned renewable power production isn’t met with a shift in demand. The hope is that eventually larger electric car fleets, smarter grids and better battery technology will catch up, but for now the mismatch is a headache for policy makers and companies.

Check out the interesting progress update!


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Posted by kvs Mani

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