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Renewable Energy Burst Sends Dutch Power Prices to Lowest Ever

  • Hourly prices on Saturday fell as low as -EU222/MWh at noon
  • Boost in green power coincides with nuclear reactor restart

Surging power output from wind and solar plants along with a nuclear reactor coming back online sent Dutch power prices to their lowest on record. 

For as many as 13 hours this weekend, prices in the Netherlands and Belgium dropped below zero as output surged above demand. The plunge triggered the so-called six-hour rule where renewable subsidies are temporarily halted and producers get paid less for their electricity.