Get the latest tech news

Europe faces an unusual problem: ultra-cheap energy


The continent is failing to adapt to a renewables boom

Owing to the rapid spread of solar power, Spanish energy is increasingly cheap. Even in Germany, which by no reasonable definition is a sunny country, but which has plenty of wind, wholesale prices were negative in 301 of the 8,760 tradable hours last year. As solar panels and wind farms take over Europe, the question facing the continent’s policymakers is what to do with all the power they produce.

Get the Android app

Or read this on r/technology

Read more on:

Photo of Europe

Europe

Photo of ultra-cheap energy

ultra-cheap energy

Photo of unusual problem

unusual problem

Related news:

News photo

Apple to delay launch of AI-powered features in Europe, blames EU tech rules

News photo

Apple Intelligence won't be available in Europe because Tim's terrified of watchdogs / These privacy rules might harm privacy! No, really, that's totally why we're doing this

News photo

Apple Intelligence won't be available in Europe because Tim's terrified of watchdogs