Electricity prices turn negative this Sunday: a prime time to save

The cost of electricity plummets for eight consecutive hours, particularly midday, offering a unique opportunity to reduce consumption.

Generic image of an electric meter with fluctuating numbers at dusk.
IA

Generic image of an electric meter with fluctuating numbers at dusk.

This Sunday, the price of electricity is plummeting to negative values during the central part of the day, offering a unique opportunity to save on electricity bills.

Sunday, August 23rd, presents an atypical day in the electricity market, with eight consecutive hours of negative or near-zero prices. High solar production during midday has caused this drop, making it the ideal time to run appliances and reduce expenses.
Between 10:00 AM and 6:00 PM, the cost of electricity will be minimal, reaching -2.1 euros/MWh between 1:00 PM and 3:00 PM. This situation, described as 'almost free price,' encourages planning the use of washing machines, dishwashers, and other high-consumption appliances.
Conversely, electricity will become significantly more expensive from 8:00 PM onwards. The peak price will be reached between 9:00 PM and 10:00 PM, at 164.44 euros/MWh. High costs are also expected throughout the early morning hours, until 8:00 AM.
Experts recommend avoiding high consumption during peak evening and early morning hours to maximize savings on the bill, especially for those with a regulated PVPC tariff.