It’s Been So Windy in Europe That Electricity Prices Have Turned Negative

0
250

An anonymous reader writes: It’s been very windy across Europe this week. So much so, in fact, that the high wind load on onshore and offshore wind turbines across much of the continent has helped set new wind power records. For starters, renewables generated more than half of Britain’s energy demand on Wednesday — for the first time ever. In fact, with offshore wind supplying 10 percent of the total demand, energy prices were knocked into the negative for the longest period on record. The UK is home to the world’s biggest wind farm, and the largest wind turbines, so it’s no surprise that this was an important factor in the country’s energy mix. “Negative prices aren’t frequently observed, ” Joel Meggelaars, who works at renewable energy trade body WindEurope, told Motherboard over the phone. “It means a high supply and low demand.” Read more of this story at Slashdot.

Continued here:
It’s Been So Windy in Europe That Electricity Prices Have Turned Negative

LEAVE A REPLY

Please enter your comment!
Please enter your name here

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.