Electricity prices on the markets react to current natural conditions. Due to the growing number of renewable resources, limiting the use of other resources to a certain extent, and weather fluctuations, market participants have to react more and more often to frequent sharp price fluctuations.

It follows from the statistics of the electricity and gas market operator that this year aspires to be a record year in terms of the occurrence of negative or very low electricity prices. In the first six months of this year alone, we recorded more of them than in the entire year of 2023.

"The occurrence of frequent negative or very low electricity prices should continue until approximately the end of the decade. This is mainly related to Europe's efforts to decarbonize the energy sector, including the use of investment and operating support for renewable sources," says Michal Puchel, chairman of the board of OTE. "On the other hand, the occurrence of situations where the customer gets paid for the purchased electricity creates new business opportunities for technologies such as accumulation or consumption management." supplies.

More information can be found in the press release here.