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International Business Times
International Business Times
Science
Nathalie Alonso and Catherine Hours

SHOCKING: Renewables overproduction turns electricity prices negative | Mind Blowing Facts

Negative wholesale electricity prices are becoming more common as more wind and solar polar comes on line and doesn't always reduce output when demand falls (Credit: AFP)

With the proliferation of solar panels and wind turbines an unusual phenomenon is becoming more and more frequent: wholesale electricity prices turn negative.

While that may brighten the mood of consumers whose power bills have surged in recent years, it could undermine the further development of renewables, a key element in the fight against global warming.

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