European power markets grapple with structural oversupply

Chart showing rising negative electricity price hours and lost solar revenue in France, Germany and the Netherlands

European power markets are increasingly grappling with structural oversupply issues as rapid solar growth, recovering French nuclear generation and weak midday demand drive rising negative power prices and widening cross-border price spreads across north-west Europe. European power markets are entering a new phase of structural imbalance as surging solar generation, the recovery of French nuclear output and constrained interconnection capacity […]

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