cross-posted from: https://lemmy.world/post/27655856
Europe’s booming solar generation is overwhelming the region’s grids, sending power prices slumping far below zero.
cross-posted from: https://lemmy.world/post/27655856
Europe’s booming solar generation is overwhelming the region’s grids, sending power prices slumping far below zero.
Maybe… It’s good that peak production is so high, but there isn’t enough storage to take real advantage of it yet. And even if you’re not paying for power generation you still need to maintain power infrastructure. Maintenance isn’t free.
No, it’s still good news despite new problems that may arise.
The negative price drop is likely not good - long run. That’s the thing I’m talking about. If you can’t sell electricity you can’t maintain infrastructure. That will likely correct over time.