5 ms·
This is quite a silly and short sighted take. The electrical grid is not a stock market and it should not ever be. There is a seriously complex system in place
by Dave3of5 4y ago
This is quite a silly and short sighted take. The electrical grid is not a stock market and it should not ever be.
There is a seriously complex system in place right now to try to balance the generation of energy vs the load. Throwing personal discharging into the grid into the question will cause serious ramifications.
- londons_explore 4y agoIt's really hard to construct an example of a market based electricity grid collapsing (ie. any time where demand != generation), unless a majority of market participants act irrationally to lose money. In fact I believe it is impossible for collapse to occur, even with irrational market participants, if you add one more requirement: All players must prepay for all electricity they use/generate, and anyone whose prepay balance falls to zero is immediately disconnected from the grid.
- Dave3of5 4y agoNow you're getting even sillier. Prepayment doesn't matter. It's to do with regulation of the energy being produced and exported into the grid.
- ncmncm 4y agoCollapse is a natural mode in a power grid, even moreso than in a market. It takes active regulation to prevent frequent collapses, even with best intentions all around. It is a Very Good Thing that magickal thinkers have no say in how power grids are run. They have too much say on markets.
- hotpotamus 4y agoLet's say you are on a ventilator and require electricity to continue to live. How much would you pay for that electricity?
- londons_explore 4y agoIt's a better model than the current system of 'load shedding', where random districts of a city are switched off if there is a power shortage. I would certainly like to be able to decide to pay a big premium for scarce power than have that decision entirely out of my hands.