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Copper companies are incentivized to sell as well, but they don’t get to pick the price. Once the price falls enough some copper mines go out of business. The

Copper companies are incentivized to sell as well, but they don’t get to pick the price. Once the price falls enough some copper mines go out of business. The same thing happens with power companies and we get a net reduction in generation.

latchkey 4y ago
At a commercial level (megawatts), power companies absolutely get to pick the price.
- zamfi 4y ago
  They can’t pick a price below their marginal cost, though—that’s the problem with copper mines, and it’s a problem with power, too