Blustery Winds Push European Energy Prices…Negative

Recent weather conditions in Europe have been a boon to the renewable energy grid there, pushing prices briefly negative overnight as high winds forced turbines into overdrive.

Energy prices in the U.K. dipped into the negatives for five hours on June 7, according to Argus, an industry analytics firm, and Danish wind farms supplied more than 100 percent of the country’s needs, both situations indicating a need for utility companies to sell off excess power. This type of energy surplus, wh

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