zlacker

[return to "Electricity prices in France turn negative as renewable energy floods the grid"]
1. topper+Ua[view] [source] 2024-06-18 18:50:43
>>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.
◧◩
2. paulsu+wb[view] [source] 2024-06-18 18:54:08
>>topper+Ua
Negative prices make storage very practical
◧◩◪
3. andrew+Gc[view] [source] 2024-06-18 19:00:47
>>paulsu+wb
And de-incentivizes supply. A real solution need to be available to balance the supply and demand of power such that the rates on both ends are predictable.

A market where a good fluctuates between profitable and not is not one very attractive to investment.

Playing the video game Victoria 3 has taught me a lot about healthy markets. You have to play both sides of supply and demand to get to the prices you need

◧◩◪◨
4. bastaw+Ni[view] [source] 2024-06-18 19:37:34
>>andrew+Gc
> A market where a good fluctuates between profitable and not is not one very attractive to investment.

This is the most wild thing I've ever read on this website. Pick just about any security and you'll see that buying and selling it over time fluctuates between profitable and not profitable. If something was always profitable everyone would do it and get infinitely rich. Arbitrage wouldn't exist. Economies would shut down.

[go to top]