Switzerland
_Frog
•
1y ago
•
100%
Electricity prices fall into negative territory in some cases.
https://www.srf.ch/news/wirtschaft/nach-absolutem-rekordstand-strompreise-fallen-teils-ins-negative-wer-profitiertNegative electricity prices occurred in Switzerland for a few hours the other day - just a few months after electricity prices reached absolute record highs. Private consumers in Switzerland, however, do not benefit directly from the novel phenomenon.
On windy and sunny Sundays, when wind turbines and photovoltaic systems produce a lot of electricity but little is needed, European electricity prices, and thus also Swiss prices, temporarily fall into the red.
Comments 10