Power To The People Liverpool

It’s Crazy Sunday! This afternoon, #Europe will experience negative electricity prices from #Finland to #Lithuania, #Poland, and #France. Meanwhile, #Germany will see zero or negative wholesale #power prices for most of the day due to massive #wind and #solar production. Germany could generate up to 80 GW of #renewable power this afternoon, while peak #demand is likely to be around 50 GW. Germany can theoretically export the excess using its 27GW of interconnector capacity. However, with neighboring countries also experiencing large amounts of wind and solar production, massive #curtailment is inevitable. This issue is only going to worsen as we expand renewable energy capacity, particularly with #rooftopsolar, which the grid operator cannot control or switch off. Let’s assume Germany adds another 10 GW of rooftop solar over the next 12 months, bringing the total capacity close to 50 GW. If demand is around 40 GW early in the morning and the interconnectors are fully utilized due to current conditions—a major storm in the #NorthSea and clear skies across much of the continent—we face a significant challenge. Additionally, while there are many behind-the-meter #batteries, they are also not controllable, nor are the #EVs connected to the grid. How can we maintain #grid stability without significant #regulatory changes? And who is going to build new renewanble plants with massive risks of negative pricing?