Celebrating curtailment: Are negative prices really that bad?

Negative power prices  are becoming increasingly commonplace in Europe’s electricity markets.  With solar generation soaring and renewable buildout accelerating, Europe’s power systems are increasingly producing more electricity than consumers need during certain hours of the day. The result? Wholesale electricity prices falling below zero, with generators effectively paying the market to take their power.But are negative prices actually a problem — or a sign that the energy transition is working? Should we be celebrating curtailment?The panel explores why countries like Germany, the Netherlands, France and Spain are seeing growing numbers of negative-price hours, how grid congestion and inflexible generation are contributing to the issue, and whether batteries, storage and demand-side flexibility can keep pace with the rapid expansion of renewables.They also debate why overbuilding renewables is economically rational, and whether current market structures are fit for a power system dominated by wind and solar.#EnergyMarkets #NegativePrices #Curtailment #RenewableEnergy #EnergyTransition #PowerMarkets #BatteryStorage #SolarPower #WindEnergy #GridFlexibility #ElectricityMarkets #NetZero #EnergyStorage #MontelNewsHost:Richard Sverrisson – Editor-in-Chief, Montel NewsGuests:André Bosschaart - Head of Analytics, MontelAnton Tijdink, Policy advisor - Electricity Market Design, TenneT TSOCaroline Pailliez, Montel Journalist, FranceEditor: Oscar Birk Producer: Alexandra Carlon