Negative Prices for Power

Yesterday it was so windy near Edinburgh that the price of power went negative!

Why does the price go negative? Apparently because it costs more to slow the turbines than to let them spin and generate power. And it costs more to dump the power somewhere than to have customers use it.

We get the pricing data in real time from here:

• Energy Stats UK: Octopus Agile Southern Scotland.

Mike Fourman, whose house we are staying in, is really into keeping track of the price of electricity and ch...