How do negative power prices work on the global markets?

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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?

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Anonymous 0 Comments

If a positive price means I have to pay you money then a negative price just means you have to pay me. These countries are producing too much electricity and have to pay someone to take it. This really only works due to government subsidies. Even if nobody actually wants the power I can still get $50 from the government to produce it, then pay $10 for someone else to get rid of it for me.

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