From pv journal in France

Negative electrical energy costs surged in France all through the primary half of 2024. French grid operator RTE reported 233 destructive hours within the January-June interval, in comparison with solely 53 within the first six months of 2023.

The photo voltaic consultancy KiloWattSol recorded 308 destructive worth hours on August 23 – a file for France. Even in early 2020, when pandemic lockdowns reduce electrical energy consumption, solely 75 destructive hours had been recorded.

RTE recorded two days with a destructive common worth, on April 6 and June 15, marking solely the fifth and sixth occurrences since 2001. The final time was on July 2, 2023. For the primary time, France surpassed Germany in destructive worth occasions all through the primary half of 2024.

Spot market costs for electrical energy change into destructive when manufacturing exceeds consumption. In France, it’s pushed by renewable vitality development, the restoration of nuclear manufacturing for the reason that shutdown in 2022, and low electrical energy demand. Summer manufacturing peaks, particularly from photo voltaic, coincide throughout Europe, limiting the market’s means to self-regulate.

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