The rapid development of solar power generation in Germany has resulted in electricity supply exceeding demand, which has led to a sharp fall in electricity prices to negative values, forming a unique market phenomenon. Although this phenomenon has damaged the profits of solar energy enterprises and hindered the progress of the overall carbon reduction plan, the main problem is the energy waste caused by consumers who still use a lot of electricity without sunshine.
The reason for this problem is that Germany significantly developed the solar photovoltaic industry last year, and the new installed capacity reached an astonishing 14280 MW, almost twice the previous year. However, in the absence of energy storage facilities, a lot of solar energy is wasted.
A similar situation exists in California. Although the decline in electricity prices has slowed the installation of solar panels, it has also brought additional challenges. Therefore, legislators decided to reduce subsidies to solar power generation enterprises to deal with this problem.
In order to solve this problem for a long time, we need to build energy storage facilities to store excess solar energy for use in cloudy days and nights when there is no access to sunlight or peak power consumption. This will help reduce energy waste and promote the development of clean energy.
In addition, Bloomberg pointed out that this phenomenon is not unique to Germany, and California, the United States, has also encountered the same dilemma. Therefore, in the future energy transformation process, we need to consider how to better use solar energy, energy storage facilities and other renewable energy, and reasonably allocate power supply and demand to achieve sustainable development goals.
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The rapid development of solar power generation in Germany has resulted in electricity supply exceeding demand, which has led to a sharp fall in electricity prices to negative values, forming a unique market phenomenon. Although this phenomenon has damaged the profits of solar energy enterprises and hindered the progress of the overall carbon reduction plan, the main problem is the energy waste caused by consumers who still use a lot of electricity without sunshine. The reason for this problem is that Germany
