The reason is the imbalance between supply and demand. There is a lot of electricity production, partly due to the many wind turbines that rotate due to the strong wind, while there is little demand due to the mild temperatures and the more limited demand during the end of the year.
Private individuals hardly notice these negative electricity prices. Unless you have a dynamic electricity contract, linked to the prices on the energy exchanges. Barely 0.1 percent of families in Flanders had a dynamic contract for electricity in the fourth quarter, according to figures from the Flemish energy regulator VREG.
It regularly happens that electricity prices are negative for a few hours. This was also the case at Christmas, for example.
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