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Green Power Set to Meet 99% of Germany’s Demand on Thursday

Bloomberg · last updated

Green electricity will totally dominate Germany’s grid on Thursday, potentially sending electricity prices way below zero and offer the latest proof on how solar and wind is transforming Europe’s biggest market.

A slump in demand due to the public holiday is coinciding with a surge in solar generation and the region’s first mini-heat wave. Early afternoon tomorrow, as much as 99% of consumption could be met by green energy, according to Bloomberg Models. While not unprecedented, it is highly unusual and glimpse into the future as the region forge ahead with the green transition.

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