Europe’s green power nightmare: negative prices
(Montel) Niels van der Linden adjusts his sunglasses in the midday sun on a spring day as he strolls along one of his company’s solar farms near Utrecht, in the centre of the Netherlands. Like most of the country’s roughly 28 GW of solar photovoltaic capacity, the farm’s 46,000 solar units are producing green electrons at full speed, dragging the Dutch intraday power price at that very moment below EUR -50/MWh.