3 ms·
One of the great things about electricity is that its sources are highly substitutable - the end uses don't care whether their energy comes from wind, solar, hy
by danans 5y ago
One of the great things about electricity is that its sources are highly substitutable - the end uses don't care whether their energy comes from wind, solar, hydro, nuclear, natural gas, etc.
Also, the inherent intermittency of wind and solar makes it even harder for generators to hold the market hostage, as they don't control the timing when they generate power. To curtail energy supply would be to undermine the economics of the capital investments into these projects, as it would be missed revenue.