European renewables, including Spanish solar, made big gains as energy demand recovered before the second wave of Covid infections. Nuclear was a notable loser, in part because clean energy volumes in the north of the continent drove down power prices sufficiently to make reactors uncompetitive.
Negative energy prices for more than six hours mean the Dutch government will pay no renewables incentives under its SDE+ program for March 29. The plunging electricity price was caused by slumping demand for energy as restrictions were put in place to help prevent the spread of Covid-19.
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