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French Power Price Plunges Below Zero as Solar Swamps the Grid (www.bloomberg.com)

submitted 3 days ago by [email protected] to c/[email protected]

26 comments fedilink hide all child comments

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.

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[–] [email protected] 2 points 2 days ago

Nah, let’er rip. Just a clueless bystander here. Tell us why capitalism demonizes free energy. We’ll pretend to be shocked, surprised and to have learned something new along the way.

Capitalism demonizes anything free because free is the antithesis of a version of trade that requires differing values of goods.

Do keep in mind that “lost profits” are not a real thing in the space we’re trying to move in.

Keep in mind MOST of the arguments you hear are bad faith fossil fuel operators so I'm not going to defend those. However, there are a number of issues that this abundance of temporary solar energy creates today with the systems and infrastructure we have deployed today. Keep in mind grid operators are measuring and changing the grid an intervals of fractions of a second to keep everything up and running.

Primary difficulties:

Electrical generation curtailment
Scaling non-solar generation back up when the temporary energy isn't there to avoid blackouts

Our grids today aren't built the way they need to to properly take advantage of large scale solar. We need to change how grids are built, and how we behave with how we use electricity as consumers and businesses.