zlacker

>>Capsta+(OP)
Isolated this is a zero sum game in favor of buyers (someone has ti take the electricity), but longer term, this shows there needs to be better greater electricity storage solutions available, i.e batteries or similar.

>>topper+Ua
Negative prices make storage very practical

>>paulsu+wb
Unfortunately you've got a massive term mismatch. You have negative prices today, but a lot of reason to believe that by the time you could bring your storage online the problem will already have resolved itself.

Oil briefly went negative a few years ago. If you decided to build a storage business dependent on negative oil prices for profit, you might just be coming online around now, and very much poorer than you were before. (Of course you would in fact have stopped a long time ago.)

>>jerf+rg
OP is correct. Negative prices stokes battery storage deployment. See California and their ~52GW storage target (currently @ ~10GW), because of negative prices and the duck curve. California utility scale storage soaks up solar during the day (when spot prices approach zero or go negative), and discharges most profitably right after sunset for ~4 hr (but occasionally, right before sunrise when demand is ramping before the sun is up). If spot prices rise during daylight hours, you add more solar generation to push them back down.

https://www.gov.ca.gov/2024/04/25/california-achieves-major-...

https://www.energy.ca.gov/data-reports/energy-almanac/califo...

https://cleantechnica.com/2024/06/02/solar-passes-100-of-pow...

https://futurism.com/the-byte/california-solar-electricity-p...

https://app.electricitymaps.com/zone/US-CAL-CISO?wind=false&...