3 ms·
> Production can't be ramped up significantly in the span of a crisis. In that sense, a different trading scheme wouldn't have made a difference in terms of res
by jnsaff2 3y ago
> Production can't be ramped up significantly in the span of a crisis. In that sense, a different trading scheme wouldn't have made a difference in terms of resource availability during the crisis.
What do those words even mean?
If you are a power plant and your consumables price goes up. If you can't get the price you sell electricity at increased then you will shut down and your generation will be not available to the grid.
- pyrale 3y ago> If you can't get the price you sell electricity at increased then you will shut down and your generation will be not available to the grid. That simply doesn't happen. Whether an exchange is there to "facilitate" trade, or whether Alice in Paris calls bob in Frankfurt to ask how much 2 GWh will cost for the next day, money will change hands, and the plant will work.
- jnsaff2 3y agoAnd that would be cheaper how? Each of the hundreds of energy retailers going begging each of the thousands or hundreds of thousands of electricity generators? All the while thinking if only there would be an online service to sort out the best deal .... oh wait
- pyrale 3y ago> And that would be cheaper how? https://news.ycombinator.com/threads?id=pyrale#39381529 https://news.ycombinator.com/threads?id=pyrale#39381529