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A comment on Storage ‘not fundamentally needed’ for future power grid, scientists say. Parent comment

Re:Storage ‘not fundamentally needed’ for future power grid,... by londons_explore on Wednesday June 21, 2017 @04:25AM (#14601926)
Energy futures on a "by the minute" basis are great in principle, but they are hampered for consumers by the fact that current billing is flat rate.

Why participate in the future market if one can simply choose to not partipate and get to consume any amount of energy you like at a constant price?

Effectively you'd have built a market with an unlimited option to buy at the monthly-average price. A market like that can't work...

[ Parent | on HN ]
Re:Storage ‘not fundamentally needed’ for future power grid,... by rbanffy on Wednesday June 21, 2017 @07:36AM (#14602788)
If you embark in the floating price, you'll probably get better rates. The downside, you having to worry about it, is offset by the machines planning their own consumption within the criteria ("I want this dry in the morning") you set.
[ Parent | on HN ]