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Soaring Gas Costs Squeeze Out Europe’s Negative Power Prices

Bloomberg Markets Thursday 05 November 2026, 13:28 UTC By Eamon Akil Farhat 1 min read
Key Points

Soaring Gas Costs Squeeze Out Europe’s Negative Power Prices German and British wind farms generated unusually large amounts of electricity in October. Yet something that has become increasingly familiar during periods of abundant renewable power was almost entirely absent: negative prices. German day-ahead electricity fell below zero for just two hours during the month, compared with 48 hours a year earlier.

Soaring Gas Costs Squeeze Out Europe’s Negative Power Prices German and British wind farms generated unusually large amounts of electricity in October. Yet something that has become increasingly familiar during periods of abundant renewable power was almost entirely absent: negative prices. German day-ahead electricity fell below zero for just two hours during the month, compared with 48 hours a year earlier. Britain showed the same pattern, recording only five negative hours compared with 29 last October.
Europe (LOCATION) Negative Power Prices (ORG) Negative Power (ORG) German (ORG) British (ORG) Britain (LOCATION)
Originally published by Bloomberg Markets Read original →

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