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[return to "Electricity prices in France turn negative as renewable energy floods the grid"]
1. bell-c+Y[view] [source] 2024-06-18 17:38:13
>>Capsta+(OP)
> French day-ahead power fell to -€5.76 a megawatt-hour, the lowest in four years, in an auction on Epex Spot. Germany’s equivalent contract dropped to €7.64.

If true - how fast could a new transmission line from France to Germany pay for itself?

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2. ganesh+U9[view] [source] 2024-06-18 18:44:20
>>bell-c+Y
Germany already buys electricity from France. The cost mentioned above are the subsidized charges by the EDF to the french government.

Germans would get the full cost which is much higher than the quoted price here. Besides nuclear power is not flexible enough to amp it up and down according to demand (unlike coal or petrocarbon industries).

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3. toomuc+4a[view] [source] 2024-06-18 18:45:36
>>ganesh+U9
French reactors are built to load follow [1]. It is harder on the valves, but they do it ("maneuvering capabilities"). Regardless, it would be better if they could run flat out to push out fossil generation in adjacent grids (Germany, the UK, and Northern Italy) with sufficient interconnector capacity. France also still has a bit of coal and fossil gas generation to retire [2] [3].

TLDR More interconnector capacity, battery storage, and renewables needed (my analysis).

[1] https://www.oecd-nea.org/upload/docs/application/pdf/2021-12...

[2] https://app.electricitymaps.com/zone/FR?wind=false&solar=fal...

[3] https://www.euractiv.com/section/coal/news/france-extends-li...

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4. stkdum+Tc[view] [source] 2024-06-18 19:02:02
>>toomuc+4a
It is likely that the times where French renewables flood the market roughly coincide with the times where German renewables flood the market, which where 60% of the supply even in the winter. The few remaining times where that isn't the case are probably not relevant. I mean every bit helps of equalizing over a larger area can help, but we likely need interconnects with places that are a bit farther away than France like Spain and Norway so the gaps are more likely to fall into different times. Besides, coal plants are almost as bad in spinning up and down quickly as nuclear plants. In both cases they can probably do somewhat it to escape the penalty of negative prices, but likely they don't safe much if anything in terms of operational costs and fuel.
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5. toomuc+Jd[view] [source] 2024-06-18 19:07:10
>>stkdum+Tc
Spain is awash in clean energy from renewables [1] and has large interconnect capabilities with Portugal (~5GW). Between both countries [2] [3], they operate very close to ~90% low carbon most of the time. Spain's last coal fired generator retires in August 2024 [4]. We must push east with low carbon power, as that is where the dirty grids are (see live ElectricityMaps app map scoped to Europe for context).

[1] https://www.bbc.com/news/articles/czkkgnp1d2xo

[2] https://app.electricitymaps.com/zone/ES?wind=false&solar=fal...

[3] https://app.electricitymaps.com/zone/PT?wind=false&solar=fal...

[4] https://www.gem.wiki/As_Pontes_power_station

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