Re:Power Prices Go Negative in Germany
by rayiner on Tuesday December 26, 2017 @07:22PM
(#16011931)
Imagine if the prices on bananas went negative because grocers ordered too much and couldn’t deal with a bunch of rotting bananas in their warehouses. Nobody would say “bananas are free,” or that “it’s a good thing for consumers.” It’s simply a signal we’ve made too much of something and are now paying people to haul it away.
[ Parent
| on HN ]
Re:Power Prices Go Negative in Germany
by srtjstjsj on Wednesday December 27, 2017 @11:43AM
(#16015838)
With the grocery, it's different, because consumers may be more than happy to take a profit from a supermarket's bad investment. (See also: Venture Capital backed startups). so it's "good for the banana consumer", but not "free" from the perspective of the overall system. Someone has to "pay the piper", some day, as you've noted in other comments.