European Solar Generation Boost Sends Power Prices Below Zero
- Solar power output in Germany at its highest since September
- Negative prices are seen more often amid green power surge
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The strongest output in power generation from solar parks in Germany since September pushed prices in several countries into negative territory.
Intraday power in Germany traded as low as €-17.73 per megawatt-hour for the period from 1 p.m. to 2 p.m., according to data from Epex Spot SE. Prices in the Netherlands and Belgium also dropped below zero.