Video: Why does Germany get negative power prices?

20 October 2017 10:57 Source:ICIS

Wholesale electricity prices can sometimes be negative, meaning producers have to pay to feed power into the grid. This phenomenon has been increasing in recent years, particularly in Germany as renewable energy capacity has expanded.

In this video, ICIS power expert William Peck explains what causes prices to be negative, how this trend has evolved and whether this is expected to continue.

By Laura Raus