Photovoltaics' Nightmare Is Coming. Owners Face Disaster

• When panels produce too much energy and demand for electricity is low, an oversupply of energy is created in the power system.
• For photovoltaic owners, this means no money for the energy sold, because in practice their production is valued at zero or less.
• In this situation, feeding electricity into the grid becomes unprofitable. It looks like the new net-billing system has turned out to be a disaster.

When panels produce too much energy and demand for electricity is low, an oversupply of energy is created in the power system .

The network, which is unable to effectively absorb such a large amount of free electricity, responds by decreasing energy prices on the hourly market. In extreme cases , prices may drop to zero or even become negative - informs the kb.pl website

For photovoltaic owners , this means no money for the energy sold, because in practice their production is valued at zero or less.

In this situation , feeding electricity into the grid becomes unprofitable. It looks like the new net-billing system that replaced the previous discount billing turned out to be a total disaster.

As indicated by the kb.pl portal, energy was to be settled at market prices from a given day and hour, which was to reward efficient production management. Reality brutally verified the assumptions - most prosumers do not have the possibility to decide when they feed energy into the grid.

The new accounting method favors those who additionally invest in energy storage. Owners who rely only on panels lose out. Without a home energy storage system , the user is dependent on automation and the grid - kb.pl points out.

Photovoltaic panels produce electricity during the day, and this is when the price of energy - due to the surplus - drops to an absolute minimum. In the evening, when prices rise, the installations are already inactive - explains kb.pl