3 ms·
The negative prices also encourage grid- and home-scale storage. Buy low, sell peak. We make a pile of cash more than we spend in summer on energy and really ta
by oliwarner 2y ago
The negative prices also encourage grid- and home-scale storage. Buy low, sell peak. We make a pile of cash more than we spend in summer on energy and really take the edge off winter.
Storage is the only answer to an abundance of solar and wind. We can't just bitch and moan that there's too too much at peak gen because we need all this power. We just sinks to catch up with generation. Install more in-home batteries, more water heaters, and make EV charging omnipresent (and more reflective of wholesale prices). Early adopters get more beneficial rates to offset higher outlays. The market is working as it should.