4 ms·
> On the flip-side, the power market is now seeing a bigger gap between low and high-priced hours, increasing the incentive to invest in storage, he added. See
by asplake 2y ago
> On the flip-side, the power market is now seeing a bigger gap between low and high-priced hours, increasing the incentive to invest in storage, he added.
Seems like the system is working
- darthrupert 2y agoFree markets always work. Some people just don't like how they work.
- sschueller 2y agoTell that to the 346 that died in a Boeing 737 max. Half of those where on the second plane when the problem was well known.
- utensil4778 2y agoFree markets work for people with power and wealth. Free markets do not work for people who need insulin to survive, for one example. The free market failed so spectacularly that we had to introduce legislation to regulate the insulin market. You know, so people don't die horrific deaths because they can't afford a medicine that costs essentially nothing to produce.
- AtlasBarfed 2y agoCan someone explain the game theory of a "pure free market" where the second a competitor gains any advantage, how wouldn't it mathematically imply total domination of the market?