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Wind turbines are trivial to downregulate. The foreign market just allows you to shift the strike price for downregulation, making the generation in total more
by filmor 7y ago
Wind turbines are trivial to downregulate. The foreign market just allows you to shift the strike price for downregulation, making the generation in total more cost-efficient.
- littlestymaar 7y agoTechnically you can, but not financially: the advertised energy cost of wind power relies on the fact that turbines produce as much as they can, and in most European countries there has been contracts between windfarms owners and governments to guarantee a buying price, decorelated from the spot market price.
- thawaway1837 7y agoIt may be marketed that way in press releases, etc (although I don’t even think that’s true). But I bet you anything that the people investing in these projects, and the companies pricing their power and betting their future in them, are not doing it on the basis of selling every unit of energy generated.
- littlestymaar 7y ago> But I bet you anything that the people investing in these projects, and the companies pricing their power and betting their future in them, are not doing it on the basis of selling every unit of energy generated. Wind power has been subsidized a lot in Europe during the past decade, so for at least 80% of the projects, not only the investors cared about selling every unit being generated, but they even relied on them being sold at 3 times the market price!