17 July 2023

How did battery energy storage respond to record negative power prices?

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How did battery energy storage respond to record negative power prices?

Negative power prices mean battery energy storage can be paid to charge - and then paid again to discharge, when prices turn positive later. These opportunities have been rare for batteries - until this month. We’ve now seen negative power prices on two different weekends in July, including this weekend just gone (the 15th and 16th).

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