EU day-ahead hours dip to negative prices for Monday

11/05/2020 11:57 Electricity Market

news

Day-ahead power in several European markets dropped to negative prices for the early hours of Monday, with Belgium seeing the lowest price of EUR -4.98/MWh amid healthy wind output and low demand.

The Belgian, French and UK market recorded three hours of consecutive negative prices from 03:00 CEST.

 

The hours from 04:00 CEST recorded the lowest prices of EUR -4.98/MWh in Belgium, EUR -2.24/MWh in France and GBP -2/MWh in the UK.

 

Germany, Denmark, Austria and the Netherlands all fell just below zero at EUR -0.01 for a single hour from 03:00.

Source: montelnews.com

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