Electricity prices in France temporarily dropped to zero — consumers got power for free
On December 8, electricity prices on France’s day-ahead market fell to zero, meaning that for several hours power was effectively free. Bloomberg reported the development.
The reason was a
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Electricity prices in France temporarily dropped to zero — consumers got power for free
On December 8, electricity prices on France’s day-ahead market fell to zero, meaning that for several hours power was effectively free. Bloomberg reported the development.
The reason was a rare energy surplus: an unusually warm winter sharply reduced demand for heating, while strong winds boosted output from wind farms. At the same time, nuclear plants were running at about 85% capacity, adding even more excess supply to the grid.
The agency notes that Europe is seeing such situations more and more often: growing renewable generation during periods of low demand increasingly pushes electricity prices down to zero — and sometimes even into negative territory.
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MTG: "Gaslighting the people and trying to tell them that prices have come down is not helping. It's actually infuriating. People know what they are paying at the grocery store. They know what they are paying for their electricity bills... You don't gaslight the American people,
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