​Solar And Wind Energy Prices Plummet To Record Lows – Tyler Durden

Solar And Wind Energy Prices Plummet To Record Lows By Felicity Bradstock of OilPrice.com Europe has experienced negative energy prices several times this year, as the rapid pace of development of solar and wind energy outpaces the region’s ability to cope with excess supply. Electricity prices dropped into negative figures for 7,841 hours during the first eight months of 2024, sometimes to as much as -$22 per megawatt hour, according to the consultancy ICIS. The main culprit has been the solar sector, driven by inconsistencies in the delivery of electricity due to its unstable nature. While the deployment of utility-scale…  — Continue at ZeroHedge News : Read More