Spain logs 596 hours of negative power prices in Q2 2026 as solar output surges across Europe
By Eve
Europe's solar generation hit a new record in Q2 2026, rising roughly 20% above the previous peak, according to Montel's European Power Market Outlook Q3 2026. Spain recorded 596 hours of negative electricity prices during the quarter, the most in Europe, followed by Portugal with 462 hours, France with 370 hours and Greece with 317 hours. In late April, prices in some markets approached the technical floor of minus 500 euros per megawatt hour, which was later lowered to minus 600 euros.
Why it matters
Frequent negative pricing windows create opportunities for EV charging operators to arbitrage cheap or free midday power, but also underscore the need for flexible load management and storage to smooth revenue across volatile daily price swings.
Source
- Original title
- “Avrupa’da elektrik bazı saatlerde bedavadan da ucuz, akşamları ise fiyatlar fırlıyor”
- Published
- 9 October 2026
- Updated
- 10 October 2026
In this story
- Topic
- Grid & Energy
- Place
- Europe
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