4 ms·

Yes but beware of a shit storm of bad news (unable to assess how much disinformation would they contain) on the sector, see for example https://markets.business

Yes but beware of a shit storm of bad news (unable to assess how much disinformation would they contain) on the sector, see for example https://markets.businessinsider.com/news/commodities/solar-panel-supply-german-electricity-prices-negative-renewable-demand-green-2024-5 https://markets.businessinsider.com/news/commodities/solar-p... Particularly this piece of news seems toxic to me, as selling energy to other markets is an obvious response.

XorNot 2y ago
If the power prices are negative, it implies the other markets are also saturated (or the grid interconnections are). Power prices going negative is a failure state not "good news" because it implies that active protection of other generators economic viability is being exercised to protect against externalities - i.e. your gas fired peakers can't make any money during the day, but when the solar goes off at night you still need them. Therefore, the gas fired peakers have to be sponsored to continue existing to service the demand at other times.
- distances 2y ago
  > Therefore, the gas fired peakers have to be sponsored to continue existing to service the demand at other times. They don't need sponsoring, if they're needed at night then the nighttime energy prices will reflect the costs including the downtime. Which is then a business opportunity for storage technologies to become feasible.
  - deleted 2y ago
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