European Power Prices Go Below Zero Again as Solar Output Surges
bloomberg.com
bloomberg.com
Then the greens destroyed the nuclear reactors before their EOL in a collaboration with the social democrats, the "ex" communists, etc.
Now we're rebuilding that nuclear capacity.
I will say that winds and heating requirements are somewhat correlated, so having some wind production helps balance supply & demand. (Wind will increase convective and conductive heat losses).
And the solar energy production is obviously minimal.
If you check the power generation stats for Sweden[1] you’ll see that wind generation was generally higher in winter months than Summer.
Their SEG (feed in tariff) rates are also about 3x higher than anyone else offers. You can either go for a flat rate of 15p per kWh, or go on their flex tariff where your import and export rates rise and fall with the wholesale rate (up to the energy price cap of 34p per kWh import).
Because net metering is not a thing in the UK, it also means if you're getting solar it makes more sense to get a battery to cover nighttime usage, or to charge with cheaper off-peak energy, or to export shift to when you'll get more bang for your buck.
I know of one consumer who is on the balance market, and uses real time prices. He however is the exception, balance market is only for large customers. Cost to entry is prohibitive.
Do they have electricity on Europa (Jupiter's satellite) ? Because here in EU we do not have negative prices. /s
In the UK AFAIK there’s only one energy provider trying to have tariffs matching the duck curve, and they complain they’re limited by regulated wholesale prices.
I haven’t seen any appliances supporting variable tariffs or even just having an option to shift more power use to mid day.