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French Power Price Plunges Below Zero as Solar Floods the Grid

Bloomberg · last updated

French day-ahead power tumbled below zero for the first time since July last year as solar generation this weekend is set to overwhelm the grid.

The daily average settled at €-1.05 a megawatt-hour in an auction on the Epex Spot SE exchange in Paris. It’s the lowest level among all the major markets in Europe.

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