Negative electricity prices and grid bottlenecks in Europe threaten renewable energy targets

Analysts at Aurora Energy Research expect installed wind and PV capacity in Europe to more than triple by 2050, but expansion might not be enough to meet European climate targets. From pv magazine Spain British market analysis firm Aurora Energy Research expects installed wind and PV capacity in Europe to more than triple by 2050, but it also sees problems that may prevent renewable energy targets from being met. In their "European Renewables Market Overview Report", which the company has presented for the first time, Aurora experts concluded that negative electricity prices, cannibalisation effects ...

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