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I must admit, i’m super curious to understand why nobody has pushed forward the idea of breaking down that pricing mechanism. My sincere hope is that there’s a
by bsaul 4y ago
I must admit, i’m super curious to understand why nobody has pushed forward the idea of breaking down that pricing mechanism. My sincere hope is that there’s a good technical reason i’m not aware of.
- ZeroGravitas 4y agoIf they asked an economist, they'd say that the system is fine (you still don't want people using lots of gas and electricity made from gas when in a gas crisis) and you should just transfer the money to the people. Right wing governments really don't like that idea. See their reaction to COVID, they really heavily depend on the idea that the people with all the money 'earned it'. Much easier to blame renewables.
- stu432 4y agoPretty sure the pricing mechanism was cooked up by economists to encourage investment into renewables who will be making stonking profits right now. Unlike gas plants...
- ZeroGravitas 4y agoYes, lots of people seem really sure about a lot things they are wrong about. It's always the renewables isnt it. They kill birds and give you ear cancer and don't even really work. Not like those superb fossil fuels that have no drawbacks at all. Who wants to listen to experts when you can just create a crisis by ignoring them and then blame it on the experts you didn't listen to. https://en.m.wikipedia.org/wiki/Merit_order https://en.m.wikipedia.org/wiki/Merit_order > The historic methodology for economic dispatch was developed to manage fossil fuel burning power plants, relying on calculations involving the input/output characteristics of power stations.