Europe's solar boom leads to oversupply on sunny days, pushing wholesale electricity prices to zero or below
Solar has become Europe’s largest source of power during summer months, but this success is creating a new problem: on sunny days, Europe can produce more solar power than the system can absorb. Industry experts say the answer is not less solar, but more storage, more flexible demand and stronger grids that can move power from where it is generated to where it is needed.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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