Big increase in wind and solar power

 


A surge in wind and solar power means many businesses and consumers around Europe can get paid for plugging in. The U.S. could be next.

A big increase in wind and solar power has pushed wholesale prices to zero or below for many hours of the year, spurring a sea change in the way people use power—based on whether the sun is shining or the wind is blowing.

Wholesale prices across continental Europe have fallen to zero or below in 6% of all hours this year, up sharply from 2.2% in 2023 and just 0.3% in 2022

Wall Street Journal 22 September 2024

https://www.wsj.com/business/energy-oil/electricity-that-costs-nothingor-even-less-its-happening-more-and-more-53f16e49


Africa is on the brink of solar power revolution

Technology and markets are already solving the climate problem

https://englundmacro.blogspot.com/2024/08/africa-is-on-brink-of-solar-power.html




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