Subsidised renewables and must-run coal both bid negative at midday, pushing the clearing price down

Illustrative merit order for a summer day in Poland: bid price vs available capacity (€/MWh)

Source: Modo Energy (illustrative, based on typical available capacity and estimated SRMC/bid behaviour)

Note: Illustrative summer weekday. CfD/PPA renewables and must-run coal bid negative. Toggle to see how solar exit shifts the clearing price.

MODOENERGY