Germany set to pay customers for electricity usage as renewable energy generation creates huge power surplus

Germany set to pay customers for electricity usage as renewable energy generation creates huge power surplus

German power producers are poised to pay customers to use electricity.

Wind generation is forecast to climb to a record on Sunday, creating more output than needed and driving electricity prices below zero, broker data compiled by Bloomberg show. It would be the first time this year that the average price for a whole day is negative, not just for specific hours.

Germany’s grid operators can struggle to keep the balance between how much energy people are using and how much is being produced when there are high amounts of wind generation. Negative prices mean that producers must either shut down power stations to reduce supply or pay consumers to take the electricity off the grid.

Wind output is forecast to peak at 39,190 megawatts at 7am on Sunday, equivalent to the output of about 40 nuclear reactors and enough to meet more than half of Germany’s total demand. Onshore wind turbines accounted for almost a third of Germany’s installed power capacity at the end of June and the nation is poised to increase new installations by 9 percent this year, according to industry federation BWE.

Source: Independent

Date: November 2017

Read the article


Tags assigned to this article:
electricityGermanyrenewableswind

Related Articles

The evolution and future growth of renewable energy, an infographic

Did you know the first high-power solar cell was developed in 1954? Or that since the late 2000s renewable energy

How clean is solar power?

That solar panels do not emit greenhouse gases such as carbon dioxide when they are generating electricity is without question.

California has too much solar power. It needs another grid to share with

The US has no national electricity grid. Instead, it has a patchwork of grids, operated as closed-off regional and local