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Spain and Portugal did something incredibly smart - both went against EU and won right to cap gas price for power production. That way MWh price is 1Euro in Spa
by rasz 3y ago
Spain and Portugal did something incredibly smart - both went against EU and won right to cap gas price for power production. That way MWh price is 1Euro in Spain right now while 56 in Germany 74 Italy. This one simple trick fixed their grid. Gas turbines no longer generate 24/7 while charging premium and skewing whole market.
https://euenergy.live https://euenergy.live
- adrianN 3y agoGas turbines only run when no cheaper alternative can satisfy demand.
- toomuchtodo 3y agoThey also run to provide grid inertia when there aren’t enough utility scale batteries or grid forming inverters to do so.