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Negative prices are not uncommon. Happens nearly every spring in the Pacific Northwest when the mountain snowpack melts, flooding the rivers and surging the out
by fingerlocks 7y ago
Negative prices are not uncommon. Happens nearly every spring in the Pacific Northwest when the mountain snowpack melts, flooding the rivers and surging the output of many hydroelectric dams. The negative prices are factored into the annual revenue, and consumer prices are sort-of averaged over the year which is why you never see it on your electric bill.
- glennpratt 7y agoI live in Portland. Last time I toured Bonneville, no turbines were operating on the East side. The ranger told us there was sufficient solar and wind at the time and they shutdown to protect aquatic life. Assuming that's true, I assume they'd also shutdown to protect thier pocket book.