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I'm a bit shocked your first hand explanation was down-voted. Facts should be appreciated even if they do not fit what one would prefer to be the case. Another
by heisenbit 9y ago
I'm a bit shocked your first hand explanation was down-voted. Facts should be appreciated even if they do not fit what one would prefer to be the case.
Another fact bit: Germany electricity retail prices were forecasted to go up next year. There is a fair amount of subsidizing of the build-out of renewable energy still going on. Also the network is not geared towards the new energy source distribution and requires investments for which consumers are billed in part up-front before seeing the benefits.
Another fun fact: The subsidies have angered the liberal party (which has become the bearer holder of liberal markets ideology and is anything but left). To stop the build-out they have started putting up significant building permit regulations in NRW, a state where they have recently risen to power. Explaining how the restrictions on land owners fit with their platform requires a few mental twists.
- ocschwar 9y agoI'll admit it was not my best written comment I was rushing to catch a plane. BTW, here's a live picture of the New England power market, both real time and day ahead. Older nuclear plants require a day's notice to change their power output, so day-ahead is the norm, but some markets also arrange purchases n hours ahead where n < 24 as well. https://www.iso-ne.com/isoexpress/web/charts/guest-hub?p_p_id=lmpmapportlet_WAR_isonelmpmapportlet_INSTANCE_6n3S&p_p_lifecycle=0&p_p_state=pop_up&p_p_mode=view&p_p_col_id=column-5&p_p_col_count=3 https://www.iso-ne.com/isoexpress/web/charts/guest-hub?p_p_i...