Negative electricity price on a European electricity exchange – There is a strange reason behind it

RockedBuzz
By RockedBuzz 1 Min Read

Kinect bought a mean of 5,787 megawatts on the electricity public sale from 1 a.m. to 1 p.m. for Friday supply, based on a regulatory submitting with the Nord Pool vitality exchange.

We are working with different market gamers to resolve this excessive state of affairs

– the corporate wrote within the announcement.

According to knowledge from Nord Pool, the error resulted in a mean price per megawatt hour of -203 euros, in comparison with the common price of 35.28 euros within the Scandinavian area.

Cover picture supply: Getty Images

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