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【Prices In The German Electricity Market Showed Negative Electricity Prices】In The Electricity Market, Electricity Is A Commodity, And The Price Is Often Determined By Supply And Demand. When The Supply In The Electricity Market Exceeds Demand, Power Generation Companies Will Sell Electricity At Zero Or Even Negative Prices Due To Their Own Business Considerations, And So-Called “Negative Electricity Prices” Will Occur. Due To Fluctuations In Renewable Energy Generation Due To Weather Factors, The German Electricity Market Once Again Experienced Negative Electricity Prices On The First Trading Day Of This Year. Since Wind Power Generation Far Exceeded Demand, On The 2nd, Germany, Europe'S Largest Electricity Market, Experienced Negative Electricity Prices For 4 Hours. In Other Words, Generators Had To Pay Users To Consume Excess Electricity. With The Rapid Growth In Installed Capacity Of Wind And Solar Power Generation, The Cumulative Number Of Hours Of Negative Electricity Prices In Many European Countries Reached A New High In 2024
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