16 hours ago
France's Tally of Negative Power Prices Just Beat the 2024 Total
French power prices have traded below zero for more hours this year than during all of 2024, reducing returns for investors in power generation.
As of Monday morning, Europe's second biggest power market has had 363 hours of negative prices this year, according to a Bloomberg analysis of EPEX Spot SE data. Neighboring markets like Germany and Spain have also seen record numbers for the season.