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Europe's solar power surge hits prices, exposing storage needs

Europe has clocked a record number of hours of negative power prices this year due to a mismatch between demand and supply as solar power generation soars, potentially helping to shift investment to much needed storage solutions. Wholesale power markets in most of Europe’s key economies turned out zero or negative prices for a record number of hours in the first five months of this year at times of low demand. That means producers more frequently have to pay to offload power, or stop their plant...

Read more at euractiv.com

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