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Once solar becomes widespread enough, the dynamic changes. In Germany, electricity spot prices can be lower around noon because of solar energy. A quick Google
by nhaehnle 12y ago
Once solar becomes widespread enough, the dynamic changes. In Germany, electricity spot prices can be lower around noon because of solar energy. A quick Google search brings up this example: http://cleantechnica.com/2012/03/23/german-solar-bringing-down-price-of-afternoon-electricity-big-time-more-charts-facts/ http://cleantechnica.com/2012/03/23/german-solar-bringing-do... (note that this already happened in 2012!)
- jimmcslim 12y agoSpot prices could even go negative, depending on the rules of the market. That's certainly a feature of Australia's National Electricity Market (NEM) which covers the eastern states. The price can drop to a floor of around -$1000/MWh, so at these times the large generators are paying the network for the privilege of keeping their running - which they are generally forced to do, since such a period of negative prices doesn't tend to last long... certainly not long enough to justify shutting a coal-fired turbine down and then the expense of spinning it back up again.