Europe’s Negative Power Prices Undermine 2030 Clean Energy Goals
Bloomberg reports that waning profitability risks slowing renewable expansion in Europe.
Excess solar and wind frequently push power prices below zero. Europe is on track to miss its 2030 targets for clean energy as increasingly frequent bouts of negative prices discourage investors from backing new projects, according to market analytics firm Aurora Energy. European Union solar and wind capacity will rise to about 850 gigawatts by 2030, according to Aurora analysts,... ...
leave a comment