Power-to-gas: the remaining critical ingredient in the energy transition

A windy week in Germany produced the expected result. Wholesale electricity prices from 19th to 26th February 2017 dipped below zero four times and much of the weekend saw figures below €25 a megawatt hour.

This pattern is increasingly frequent across many electricity markets. As the Economist pointed out last week, the arrival of large scale renewables with zero operating cost is eating away at the businesses of those companies reliant on selling on the open market. €25 does not pay for the cost of the gas to generate a megawatt hour in a power station.

For article can be found: here.

 

 

 

 

 

 

March 5th, 2017 - 21:23h