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Europe faces an unusual problem: ultra-cheap energy

The Owner Press by The Owner Press
December 3, 2024
in Business News
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Owing to the fast unfold of solar energy, Spanish vitality is more and more low-cost. Between 11am and 7pm, the sunniest hours in a sunny nation, costs typically loiter close to zero on wholesale markets (see chart). Even in Germany, which by no affordable definition is a sunny nation, however which has loads of wind, wholesale costs have been adverse in 301 of the 8,760 tradable hours final 12 months.



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