Re:Electricity prices in France turn negative as renewable e...
by bastawhiz on Tuesday June 18, 2024 @03:32PM
(#40721294)
The prices being negative is literally the incentive to build storage.
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Re:Electricity prices in France turn negative as renewable e...
by netrus on Tuesday June 18, 2024 @03:55PM
(#40721562)
Just to add to that: Any fluctuation in prices works to incentivise storage, negative prices are not so special in that regard.
Negative prices allow for some weird actions to become profitable - like starting an empty washing machine, turning in the light in an empty room or needlessly heating some water tank. Basically everything we are used to think of as waste. It sounds absurd, but it's not really a big deal.
Re:Electricity prices in France turn negative as renewable e...
by rurban on Tuesday June 18, 2024 @05:56PM
(#40722522)
And even better, the incentive to expand the grid. The market is easy to control, because the money flows via the internet. But how to transport the energy?
Without a proper grid not possible. The various countries block the expansion for political reasons. They would loose their power.