Berkeley Lab study investigates how plentiful electricity turns wholesale prices negative in the US

By EMP Staff The year 2020 upended routines in nearly all aspects of our lives. In the realm of energy economics, we saw prices turn negative for U.S. crude oil, natural gas, and wholesale electricity. While negative prices were unprecedented for oil, similar conditions existed for natural gas in 2019, when pipeline capacity could not accommodate the rapid expansion of associated gas production in the..

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