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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[–] [email protected] 4 points 3 months ago

Try Norway. Our electric companies were sold to private investors who sold our electricity to the EU, and then they sold too much so they had to buy it back at exorbitant prices and the public is footing the bill for their dumbassery.
It's not as bad as it was a year ago but it's still about 15 times more expensive than it was just 4 years ago.