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[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.
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2. paulsu+wb[view] [source] 2024-06-18 18:54:08
>>topper+Ua
Negative prices make storage very practical
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3. jerf+rg[view] [source] 2024-06-18 19:23:24
>>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.)

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4. hamand+6m[view] [source] 2024-06-18 19:54:28
>>jerf+rg
You don't need negative prices for storage to be profitable, you just need to be able to sell your stored electricity for more than you paid for it.
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