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The other main example of negative price offers into the market is renewables which receive some types of subsidy. For example, if you have a solar farm and rec
by tomatocracy 3y ago
The other main example of negative price offers into the market is renewables which receive some types of subsidy. For example, if you have a solar farm and receive $40/MWh subsidy, you might bid into the market at any price above -$40/MWh.
- blitzar 3y agoNegative pricing also has an incentivising effect If your output regularly drops to low / negative levels - invest in storage and sell when the price is higher. If it occurs grid wide - interconnect to neighbouring grids.