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Cake day: December 25th, 2025

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  • I don’t think it’s all bad in the long run. A higher base load also give higher incentives to install renewable energy. In Denmark we have issues with the cannibalisation effect, i.e. We have reach a point where it’s no longer financially viable to install more renewable assets. We often see negative power prices on windy and sunny days, which forces the renewable asset owners to either turn off their assets during these periods, or pay the negative spot price.