German energy market records 78 hours of negative prices in May

Rabot Charge's monthly analysis shows significantly more hours with negative prices on the Germany electricity market than in April. However, the average price in daily transactions was €6. 72 ($7. 32) per kWh - higher than in the previous month. From pv magazine Germany In May, the day-ahead electricity spot market in the Germany/Luxembourg region achieved an average price of €6. 72/kWh on the electricity exchange, according to Rabot Charge, a provider of dynamic electricity tariffs. It cited the "Energy Charts" published by the Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE). ...

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