zlacker

[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.

◧◩
2. pyrale+zy[view] [source] 2024-06-18 21:27:50
>>little+Og
That's the goal of the capacity market.

https://energy.ec.europa.eu/topics/markets-and-consumers/cap...

[go to top]