The last three years have seen a rapid increase in renewable energy production across much of Europe. But thanks to the variability of solar and wind energy, sometimes more energy is being produced than can actually be used, which tips prices not only into ultra cheap territory, but sometimes into the negatives. Why’s this happening? And what can be done to better harness a bountiful renewable energy market?
Chapters:
00:00 What even is a negative energy price?
01:33 Why are negative energy prices bad?
04:33 So where does the money go?
06:56 What countries are being hit the hardest?
08:47 How can this problem be solved?
14:35 The positive side of negative energy prices
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