Apr 8, 2017
California is getting so much power from solar that wholesale electricity prices are turning negative
Posted by Simon Waslander in categories: solar power, sustainability
The spikes also have a big effect on wholesale energy prices, which dipped to zero or even to negative territory this spring during certain hours in California, the EIA said.
The extraordinary success of solar power in some pockets of the world that combine sunshine with high investment in the technology mean that governments and energy companies are having radically to rethink the way they manage—and charge for—electricity.
California is one such a place.