This weekend, electricity prices on the spot market will fall below zero in many European countries due to strong winds everywhere and the fact that solar plants always generate a lot of energy in the summer. Most people will not benefit directly from this, as their energy tariffs are fixed by contract. However, people with so-called dynamic energy contracts can temporarily get money on top when they turn on their washing machine or charge their electric car, for example.
Electricity prices across Europe are set to fall below zero this weekend thanks to a surge of summer winds combined with the peak season for solar power.
The new production helped the EU hit a milestone earlier this summer when monthly solar power surpassed electricity generation from coal for the first time. | World News
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