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[return to "Electricity prices in France turn negative as renewable energy floods the grid"]
1. little+Og[view] [source] 2024-06-18 19:25:19
>>Capsta+(OP)
Econ 101: with a marginal cost equal to zero, a competitive electricity market (with a price driven to marginal cost because of competition) cannot be sustainable because electricity price it cannot pay for the fixed costs.

Solution: we must stop electricity pricing based on energy produced (which made sense when using fossil fuel) and switch to a pricing mechanism where you pay for available power because that's where the marginal cost is increasing.

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2. digdug+9i[view] [source] 2024-06-18 19:34:20
>>little+Og
I'm intrigued. But with an electrical grid that requires a constant match between electricity generation and consumption, how would you ensure the stability of a thing when its controlling mechanism (pricing) is its own derivative?
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