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Insights

Negative Prices Part II: European Insights

In last week’s article we examined the first ever incident of negative prices occurring in the Irish Single Electricity Market and what caused it. Many have asked me if negative pricing could happen in the I-SEM, but none (perhaps myself included) could have envisaged it happening in the current SEM! Negative pricing events may seem extraordinary and are certainly very new to us in Ireland, they are a well-established phenomenon across continental Europe.

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