Photovoltaics

No one wants to supply electricity to the grid and have to pay for it. We’ll make sure you get your money’s worth for what you deliver. On a switch on/cut off basis, with our software you will only be connected to the grid when you are being paid for your supply. You won’t have to worry about negative prices, you definitely won’t deliver to the network with us and have to pay for it too! We will disconnect your system from the grid during times of negative electricity price.

We are happy to send you more detailed information including our offers.

On Sunday April 14, 2024, weather conditions were favourable for renewable electricity in most of Europe – the wind was blowing and the sun was out. The European grid was struggling to maintain a balanced state and all sources available were being disconnected. Yet there was a huge surplus of electricity and as a result the price of electricity on the daily market was negative. The lowest price on the Czech market was reached in the afternoon, at -60 EUR/MWh. On the intraday market, the price at one point even reached -150 EUR/MWh.

The situation was very similar in the neighbouring countries, in Germany the price on the daily market was as high as -120 EUR/MWh and on the intraday market the situation was naturally even worse…

(Source of the used data: OTE ČR and ENTSO-E Transparency Platform)

In the recent past, a negative energy price on the daily market was uncommon. However, the share of renewables in the Czech Republic’s energy mix is growing and with it the volatility of the electricity price on short-term markets is increasing accordingly.

On the daily electricity market in the Czech Republic, the average minimum price of electricity has fallen from 60 to 40 EUR/MWh in the last year alone (March 1, 2023 to March 1, 2024). The likelihood of negative prices is increasing. In a single year, the average number of hours with a negative price has increased from about 5 to 20 per week, i.e. by a factor of 4. Over this period, PV losses due to supply during negative price periods represent about 1.5% of the revenue. The worst period, however, is spring and summer, when the effect is about quadruple, with losses of up to 6% of sales.

We are happy to send you more detailed information including our offers.

Need more information? Contact us

info@fesordata.cz

+420 776 115 785