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Germany Has Too Many Solar Panels, and It's Pushed Energy Prices Negative
(markets.businessinsider.com)
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this post was submitted on 24 May 2024
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Won't energy storage help drive prices back up too?
I guess that depends. If the costs to invest in storage is cheaper long term than losing money from excess energy, then energy companies would lose less money and thus could offer cheaper prices. But it would definitely help decrease or get rid of negative prices.