Re:Power Prices Go Negative in Germany
by westurner on Wednesday December 27, 2017 @11:36AM
(#16015772)
"Several countries in Europe have experienced negative power prices, including Belgium, Britain, France, the Netherlands and Switzerland."
> Yes, as does most media - especially in Germany. Those negative prices are no win for any german. Why else is it, that we will soon pay the highest prices for electricity in the world?
AFAIU, it's because you're aggressively shaping the energy market in order to reduce health and environmental costs now.
The technical issue here is that batteries are not good enough yet; and [hemp] supercapacitors are not yet at the volume needed to lower the costs. So, maintaining a high price for energy keeps the market competitive for renewables which have positive negative externalities.
Re:Power Prices Go Negative in Germany
by westurner on Wednesday December 27, 2017 @05:03PM
(#16018427)
Can the excess energy on certain days be converted back to money through cryptocurrency mining? (While society decides whether batteries are a crucial energy security investment)
> Yes, as does most media - especially in Germany. Those negative prices are no win for any german. Why else is it, that we will soon pay the highest prices for electricity in the world?
AFAIU, it's because you're aggressively shaping the energy market in order to reduce health and environmental costs now.
The technical issue here is that batteries are not good enough yet; and [hemp] supercapacitors are not yet at the volume needed to lower the costs. So, maintaining a high price for energy keeps the market competitive for renewables which have positive negative externalities.