How do negative power prices work on the global markets?

291 views

I know that countries with large renewable power generation often end up with negative power prices, but how does that work when the power is distributed/sold to other nations or native consumers?

In: 3

9 Answers

Anonymous 0 Comments

The same way they work for other things. The garbage market, for example. Your household garbage has negative value. Not only do you not want it, but neither does anybody else. So you (or your town) pay someone to take it and dispose of it properly.

In theory, power prices work the same way You are paid to take this pesky extra electricity (although often, they just don’t charge).

You are viewing 1 out of 9 answers, click here to view all answers.