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Potatos_are_not_friends@lemmy.world to Green - An environmentalist community @lemmy.ml · 1 year ago

Germany Has Too Many Solar Panels, and It's Pushed Energy Prices Negative

markets.businessinsider.com

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Germany Has Too Many Solar Panels, and It's Pushed Energy Prices Negative

markets.businessinsider.com

Potatos_are_not_friends@lemmy.world to Green - An environmentalist community @lemmy.ml · 1 year ago
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Germany has too many solar panels, and it's pushed energy prices into negative territory
markets.businessinsider.com
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Germany has installed a record number of solar panels. But consumers aren't starting to use them fast enough.
  • Dessalines@lemmy.ml
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    1 year ago

    Why is Germany building a ton of coal plants then?

    • vintageballs@feddit.de
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      1 year ago

      We’re not.

      • Dessalines@lemmy.ml
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        1 year ago

        https://www.npr.org/2022/09/27/1124448463/germany-coal-energy-crisis

        https://www.reuters.com/business/energy/germany-approves-bringing-coal-fired-power-plants-back-online-this-winter-2023-10-04/

        • vintageballs@feddit.de
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          1 year ago

          Bringing back online != Building a ton

    • antlion@lemmy.dbzer0.com
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      1 year ago

      Negative pricing just means power isn’t needed or wanted at that time of day. During the winter when it’s not sunny, power will still be needed.

      • Dessalines@lemmy.ml
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        1 year ago

        Does solar in summer meet their energy demands? I was under the impression that it didn’t.

        • antlion@lemmy.dbzer0.com
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          1 year ago

          Negative pricing from solar occurs mid-day. It doesn’t mean all other power plants are turned off. Some power like nuclear or coal have thermal inertia, and so they aren’t worth trying to shut off for a few hours - it would cost them more to shut down and heat back up than to just pay the negative price to stay on. So this negative pricing just indicates that more solar is online than ever before, and the market is ripe for diversification of energy sources (or storage) to take advantage of price differentials. If other sources phase out, solar may meet the full summer demand for a few hours each day. Then eventually with batteries solar can meet the full demand for a few months straight. But it will never meet winter demands, especially with electrified heating.

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