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  • A stormy weekend led to free electricity in Germany as wind generation reached a record, forcing power producers to pay customers the most since Christmas 2012 to use electricity. Power prices turned negative as wind output reached 39,409 megawatts on Saturday, equivalent to the output of about 40 nuclear reactors. To keep the grid supply and demand in balance, negative prices encourage producers to either shut power stations or else pay consumers to take the extra electricity off the network.

    https://www.bloomberg.com/news/articles/2017-10-30/record-winds-in-germany-spur-free-electricity-at-weekend-chart

    bet the end consumer, mr and mrs joe public, still gets charged at exactly the same rate as usual and see no benefit

  • It is incredible to think that this sort of achievement is happening while Trump's USA desperately clings on to coal.

  • Yes, an interesting development. On your comment I would say that the process from generation > transmission > distribution > supply > consumption > charging is so convoluted that you might not expect to see an immediate impact. But it should of course be factored into the overall costs. That said, I imagine the economics of negative pricing will change in the future as storage becomes more feasible/affordable.

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