Wind Denmark - summer's autumn weather provides extraordinarily low electricity prices

denmark wind power

subscribe

DENMARK -

A downturn in the cable connection to Norway and Sweden, together with low electricity consumption and high electricity production, has pushed down electricity prices to a negative level in Western Denmark.

A sign that the electrification of society is urgently needed, says Soren Klinge, head of electricity market in Wind Denmark.

The heavy winds during the first weekend of July have not only had consequences for the Danes who had otherwise been looking forward to spending their first days at home in the garden or at the beach. It has also pushed down prices in the electricity market to a negative level, which especially the West Danish wind turbine owners have had to notice.

'The electricity market is currently affected by an unfortunate coincidence of various factors that have a negative impact on the electricity price: a reduced export capacity to the other Nordic countries, a low electricity consumption and a high electricity generation. Unfortunately, the coincidence of these three factors means that the price base falls completely out of the market. This is another sign that the electrification of society is urgently needed, 'explains Soren Klinge, electricity market manager at Wind Denmark.

According to the European power exchange Nord Pool Spot, the cable connection to Sweden is expected to return to full capacity from 19 July. The connection between Jutland and Norway is only expected to return to full capacity in early September.

2000 MWh / hour in special regulation

During the windy weather on Monday morning, July 6, up to 2000 MWh / hour was activated at national level in the form of so-called special regulation. Special regulation is the designation that the German system operator TenneT switches off Danish electricity generation at cogeneration plants and wind turbines in order to help with the balancing of the German power system. In addition, electric boilers at the cogeneration plants also contribute by using the electricity from the electricity grid and converting it to district heating for the benefit of Danish homes and businesses.

'The Danish wind turbines are probably the source of most of the special regulation, because there are very few cogeneration units to down-regulate electricity generation. Of course, it is positive to see that we have a high degree of flexibility in the wind-based power system at home. That being said, Denmark does not really get ahead with the green transition until we are able to raise electricity consumption based on renewable energy.

Related News

alaska nuclear plant

US looks to decommission Alaskan military reactor

WASHINGTON - The US Army Corps of Engineers has begun decommissioning Alaska’s only nuclear power plant, SM-1A, which is located at Fort Greely. The $17m plant closed in 1972 after ten years of sporadic operation. It was out of commission from 1967 to 1969 for extensive repairs. Much of has already been dismantled and sent for disposal, and the rest, which is encased in concrete, is now to be removed.

The plant was built as part of an experimental programme to determine whether nuclear facilities could be built and operated at remote sites more cheaply than diesel-fuelled plants.

"The main approach was…

READ MORE
iveco-bus-new-hdrogen-electric-bus-contracts-in-france

IVECO BUS Achieves Success with New Hydrogen and Electric Bus Contracts in France

READ MORE

powerlines

Quebec authorizes nearly 1,000 megawatts of electricity for 11 industrial projects

READ MORE

sask power

SaskPower reports $205M income in 2019-20, tables annual report

READ MORE

How Ukraine Unplugged from Russia and Joined Europe's Power Grid with Unprecedented Speed

READ MORE