this post was submitted on 20 Jul 2023
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Green Energy

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European electricity prices tumble into negative territory amid glut of green energy (markets.businessinsider.com)
submitted 1 year ago by pizzaiolo to c/energy
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[–] bluGill@kbin.social 5 points 1 year ago

Wholesale rates. Someone normally selling is paying. Note that most wholesale power is under a long term contract and so not subject to wholesale prices. Thus overall your power comes from guaranteed price contracts ,but your rates are a bit lower because what the contracted power costs is low.