Net electricity prices for end customers fall below zero for first time in Germany

The German energy transition is showing its shadows more and more clearly. While politicians continue to praise green progress, a disturbing picture emerges on the electricity markets: electricity prices, which fall down to minus 25 cents per kilowatt hour – a clear symptom of an increasingly dysfunctional energy system. Last Sunday, the electricity prices on the day-ahead market fell into the negative range for a total of 9 hours, with lows of …

Electricity prices fall violently. Not only on the electricity exchange, but also for new customers. The reason is the negative electricity prices.

Net electricity prices for end customers fall below zero for first time in Germany

As PV and wind power plants caused a significant oversupply on May 11, the electricity price fell to a low of minus €250 per megawatt-hour. Charging PV storage systems or electric cars during these hours thus generated income for customers with dynamic electricity tariffs between 12 pm and 3 pm.From pv magazine Germany On Sunday, May 11, electricity prices for customers with dynamic tariffs in Germany fell into net negative territory for the fir…