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Europe faces an unusual problem: ultra-cheap energy

submitted by _tk_+(OP) on 2024-06-20 14:04:09 | 31 points 35 comments
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2. toomuc+G9[view] [source] 2024-06-20 15:02:37
>>_tk_+(OP)
https://archive.today/XnsUO
3. morale+La[view] [source] 2024-06-20 15:07:56
>>_tk_+(OP)
They can then build out some unusual kinds of batteries.

See, https://nickgrossman.xyz/bitcoin-as-battery

Forget about the bitcoin side of it, I wouldn't agree with that, lol. The story about Iceland's aluminum smelters is a real eye opener.

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6. js8+Eb[view] [source] [discussion] 2024-06-20 15:13:11
>>superk+Qa
This could be an explanation: https://diem25.org/time-blow-electricity-markets/
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18. toomuc+7f[view] [source] [discussion] 2024-06-20 15:31:33
>>RUncon+kb
Grid operators are aware, transmission and storage take time to build, and will always be behind renewables deployments due to the deployment time delta.

>>40720682

>>40720183 (thread)

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32. toomuc+8P2[view] [source] [discussion] 2024-06-21 14:05:37
>>toomuc+7f
Additional citations:

https://oilprice.com/Latest-Energy-News/World-News/Europes-N... ("Europe’s Negative Power Prices Highlight the Need for Energy Storage Investment")

https://www.reuters.com/business/energy/europes-solar-power-... ("Europe's solar power surge hits prices, exposing storage needs")

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