Germany records 50 hours of negative electricity prices for April

Average retail prices fell to €6. 24 ($6. 70)/kWh on the German electricity spot market in April, largely due to renewables covering about 70% of the network load. From pv magazine Germany The trend in average electricity prices on the German spot market continues to point downwards. According to new figures from Rabot Charge, a provider of dynamic electricity tariffs, the average electricity price was €6. 24 ($6. 70)/kWh in April. This is the second lowest value in 16 months. Only in February was the average electricity price on the spot market slightly lower, at €6. 13/kWh. These low price levels ...

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