this post was submitted on 11 Aug 2024
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Mildly Interesting

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It's still not earning you money to spend electricity because you still have to pay the transfer fee which is around 6 cents / kWh but it's pretty damn cheap nevertheless, mostly because of the excess in wind energy.

Last winter because of a mistake it dropped down to negative 50 cents / kWh for few hours, averaging negative 20 cents for the entire day. People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.

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[โ€“] [email protected] 9 points 3 months ago (1 children)

"just export it" sounds so simple, but the required infrastructure is actually incredibly expensive. Also most of Europe is already pretty tightly connected and trade does happen to a significant degree, but I have no idea what the actual percentage is or if it's used to balance oversupply and/or shortages. Kinda hard to find reliable sources for that.

[โ€“] [email protected] 6 points 3 months ago* (last edited 3 months ago)

Luckily, several interconnects already exist and more are planned.

As to percentages, most electric grids will publish those - for example FinGrid's current status.