In May 2026, parts of Europe reached a turning point. Electricity prices fell below zero at midday as solar output surged beyond what grids could absorb.
At the same time, analysts warned that as much as 40TWh of solar electricity could be curtailed this summer, enough to power a major city for a year.
As countries in the Northern Hemisphere head into their sunniest months, the potential of solar power is increasingly hard to ignore.
Solar panels are more accessible and affordable than ever, and renewed volatility in global oil and gas markets is driving markets towards electrification and renewables as near-term protection.
With oil prices still 65% higher than the start of 2026, consumers and businesses are increasingly adopting clean, electric alternatives.
