Prognosis negative: How California is dealing with below-zero power market prices

05/17/2017

Market forces and contract obligations are regularly dipping power prices below zero in California. The dynamic is not new — negative pricing has occurred sporadically across the country for decades. But now, expanded renewable energy production, especially in the West, is prompting a new round of more consistent negative pricing.

http://www.utilitydive.com/news/prognosis-negative-how-california-is-dealing-with-below-zero-power-market/442130/