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Poland Sees Record Low Power Prices as Renewable Output Grows

Bloomberg · last updated

Poland saw record low electricity prices over the weekend due to abundant supply from the growing number of solar panels and wind farms, demonstrating the challenges posed by intermittent sources to the stabilization of the country’s grid.

Prices of day-ahead contracts for March 22 reached minus 429 zloty (-$111) per megawatt-hour at the midday fixing, when production from renewable sources peaked amid sunny and windy weather, Polish Power Exchange data show. The price went fell below previous record negative levels seen last summer.