Curtailment of Danish wind
Does curtailment of Danish wind when prices are EUR 92,16/MWh make sense? With soaring electricity prices across Europe, the storm that yesterday hit the northern part of Europe caused a peculiar situation where the Danish Spot price in hour 20 was EUR 92,16/MWh, yet, to mitigate the grid bottlenecks between north and southern Germany, the German TSO instructed, against compensation, the re-dispatch (e.g. curtailment) of significant amounts of Danish wind. Wind capture rates, curtailments, and negative price regulation in PPAs is indeed becoming increasingly important.
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