Why Are they talking like it’s a bad thing?
It’s a sign of a grid stability issue. A power grid needs to balance input, output and losses. An imbalance in either direction is bad.
A negative price means the grid is worried about a collapse. They are willing to pay sinks to come online NOW, or for production to go offline.
The solution isn’t less renewables however! It’s more storage, and better smarts on the grid. Most grids are poorly designed for renewables, and their loads characteristics. That needs to change rapidly.
Germany’s political economic system is capitalist. In order for that type of system to exist there must be a surplus that can be extracted in the form of profit. If the cost of energy is negative (or even low) there is no surplus profit and thus the system falls apart.
this is why the current gov in sweden is trying to run wind mills into the ground. got rid of the solar panel subsidiary. and has been campaigning hard to building nuclear power plants under the guise of ‘clean and stable energy that can be produced on demand.’ - and it will somehow lower electricity prices despite the country producing a surplus and prices remain high because the surplus is sold to the rest of europe at a premium and to increase demand locally and thus prices for a double tap on the market.
but sure. let’s build more nuclear. that will totally fix the energy prices and satiate demand by relying on imported fuel based power instead of free and infinite power produced by nature itself. i’m sure.
Because it is a bad thing for the financial interests that Business Insider serves.
In isolation, it’s very obviously a bad thing, because it makes solar less profitable and might slow down the switch to renewables.
In a wider context, it can still be seen as a god thing as it means there has been a significant pivot to solar already and luckily it’s also a very solvable problem. There just needs to be more energy storage.
Won’t energy storage help drive prices back up too?
That sounds exactly like what a power company would say
This is HORRIBLE! How will the JOB CREATORS (who keep laying off thousands of workers) make any MONEY for IMPROVEMENTS to give us CHEAPER and better product?
That sounds like a good problem to have.
Next step is get those power storage systems in to take advantage of negative pricingBuy this battery, and the power company will pay you to charge it. Problem?
That already happens on large scales. E.g. aluminium smelters will sync their smelters to the grid price.
“people are no longer paying for things they don’t need! this is a disaster!”
I’d say that this a weird way to put it. We just have too few other sustainable plants - mainly wind - in our mix.
Sell it to other EU countries. Why is this so hard?
This is happening, to a degree, in most of Europe. Storage is the answer as described in the article. Unfortunately politics are not proactive, you need to break the system before something happens… and now the system is broken, yeah!!!
Most power is produced in the morning to early afternoon. Most power is used in the evening. We just don’t have that much storage yet.
It’s hard to say we’re wasting energy though. There’s a whole lot more solar power than what we’re capturing, after all.
Also, It’s no easy feat to sell lots of electricity far away.
It can be done and is being done, but it’s not simple. If it were, Sahara would be covered in solar panels supplying electricity to Europe and Africa.
OH NO! IT’S WORKING! Someone think of the power companies!
My rural electric coop limits the amount they will pay for end user generated solar power per month. They will never let the bill zero out or be negative.
As long as that means there’s a minimum fee that’s going to maintain the grid, I think I’m okay with electric bills not going negative.
I was worried when Germany shit down their nuclear reactors but it’s great news to hear they’re embracing solar hard
Yeah. Someone’s ass is going to be badly irradiated.
I shit down my reactor every time solar goes hard too.
Can’t it just be transmitted over to France, Austria, Poland and Denmark?
Why is Germany building a ton of coal plants then?
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.
Does solar in summer meet their energy demands? I was under the impression that it didn’t.
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.
We’re not.
Bringing back online != Building a ton
Yo, businessinsider, suck my dick.
Can’t they sell the surplus to neighbouring countries?
In fact we have to pay the neighboring countries to take the excess power in order to lighten the load on the grid. Switzerland and Austria will then use the power to pump up water to store the energy.
In fact we have to pay the neighboring countries to take the excess power in order to lighten the load on the grid. Switzerland and Austria will then use the power to pump up water to store the energy.
Negative pricing during peak solar hours has also been happening in California. Longer-term negative pricing has been happening for more than a decade in the Columbia River basin, due to high wind (and wind subsidies per MWh) and high hydroelectric flows.
It’s pretty simple. Negative pricing creates a strong incentive for energy storage. We need more energy storage to support more renewable energy. This was inevitable. I’d love to see a future where people driving their EVs get a pop-up alert: FREE CHARGING AVAILABLE FOR THE NEXT 35 minutes. And the charging network gets paid to take up excess load.
I’d like a future where EV’s aren’t a part of it and worrying about such frivolities as “personal transportation” is a foreign concept.
All of transportation cannot be shared or multi-passenger because some trips are to places where nobody else is going. Perhaps in dense cities, which will take at least 50 years to rebuild in a walkable way in the US. But people will still want to enjoy natural places - lakes, rivers, mountains, deserts, forests, and snow, and there won’t always be rails built to access those places. Electric mountain bikes with a 500 mile range maybe? Personal transportation will always be around.
Ok but if you are in the middle of nature where is this mythical charging station that is going to ping your cell-phone that you should charge your bike in the next 35 minutes? It better not be in the national park you are visiting. I’d also say that in America, removing cars from our national parks and replacing them with rail would be a huge boost to accessibility, and preservation. Hiking/biking trails can and should still exist, but in that world Electric Cars have no place.
National parks are great opportunity for sharing rides, rail, or bus. I think Yosemite valley should be 100% free from personal vehicles. I’m talking about climbing a mountain and starting at the trailhead at 6am. Mountain biking or paddle boarding or surfing. Going fishing or hunting in a place nobody else goes. Maybe you’ve never experienced real solitude, but ridesharing and transit isn’t going to get those experiences. There is not a future free from personal transportation. Even in a post apocalypse anarchy, people will build off grid solutions to drive electric ATVs and bikes and buggies and whatever else.
Personal transportation is great, but it won’t be Electric.
There already aren’t gas stations in these remote locations. Why would there need to be EV chargers??
The thought of having rail service small campsites is comical.
If we did move to a world where cities are dense enough that public transit did replace cars for most people, cars would still be a viable rental for when leaving the city.
When nuclear power was first adopted, it was championed as being “too cheap to meter”.
That was never going to happen, and society will allways need people maintaining power infrastructure.
So there should be two charges on your power bill, one for power usage and a static one for use of power infrastructure.
That split system is how it works where I live. Obviously it’s quite difficult to have competition for the infrastructure. So I can choose who delivers power (well, I mean it comes from the same grid. But different companies buying power from the same spot market charge you different amounts 🤷) but the infrastructure is a monopoly. Not only do we pay a fixed fee for the infrastructure, but also a transfer fee (and taxes, and also taxes on the taxes)
So in the end I pay more for the infrastructure part than the power consumption.
Nevertheless I am paying premium prices to charge my EV on public chargers in germany…
Practically free solar power on the grid does not make the chargers and the infrastructure needed for them free. Tho yeah you’re probably overpaying for it on days with high renewable power generation.
