4 ms·
you don't understand how electric markets work. electricity is bid on daily, based on marginal cost of production. solar has a very low marginal cost which pu
by rogerth1s 5y ago
you don't understand how electric markets work. electricity is bid on daily, based on marginal cost of production. solar has a very low marginal cost which pushes down the cost curve. the more solar energy there is --> cheaper price to consumers. however, utilities struggle with having a lot of solar/wind generation as there is a timing mismatch between peak generation and peak demand. bitcoin can be used like a sponge to sop up excess production and allow currently stalled projects to proceed without the need for additional new load.