Germany to Get 99% of Its Power From Solar and Wind on Thursday

Green electricity will totally dominate Germany’s grid on Thursday, sending power prices below zero again in a reminder of how solar and wind is transforming Europe’s biggest market.

A slump in demand due to a public holiday will coincide with a surge in solar generation and the region’s first mini-heat wave. Early afternoon tomorrow, as much as 99% of consumption could be met by green energy, according to Bloomberg Models. While not unprecedented, it’s highly unusual and a glimpse into the future as the region forges ahead with the green transition.

The result is that parts of the day will ...