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> The deluge of solar power has thrust electricity prices into negative territory in regions with liberalized energy markets, which bodes ill for the economics
by energy123 2y ago
> The deluge of solar power has thrust electricity prices into negative territory in regions with liberalized energy markets, which bodes ill for the economics of further expansion.
No, it doesn't. This is the market sending energy developers and policymakers a signal to stop installing solar in this particular location and start installing storage or transmission.
The market is sending California the same signal now, and they are responding accordingly.
There is no boding ill here. This is everything working as it should be.