181–190 of 1001 posts
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
Europe still has many megawatts of solar with inverters that disconnect when detecting any grid disruption. This is the absolute worst thing to do when there is a shortage of power - you immediately make the shortage worse and more grid disconnects. The real fix is a grid with second by second pricing based on system frequency, and every individual user allowed to set a daily 'spend cap' of euros/dollars, letting the…
This comment is Dunning-Kruger effect in action… Believe it or not, but maintaining an electricity grid is a massive undertaking, and the people in charge of it knows the topic much better than you do. The problem isn't a market problem, it's a physics problem: having a synchronized grid of AC current with many producers over a wide area is a real challenge, even when the underlying issue is resolved it takes a lot o…
Also, nobody in the field disagrees that in the more distributed grid we are seeing today, more endpoint communication and control could lead to more resilience. Whether pricing signals are the best path is a more open question, but they certainly appear to be a feasible option.
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
Indeed but it stands to reason that this outage will last maybe a few hours until the grid has recovered. A nationwide full blackout is a scenario that's on a "once a quarter century" level, and the last one in 2006 was resolved after two hours. It's Europe, not the US - our grids operate on much, much stricter requirements and audits on resiliency, hell since last year we got an active warzone in the ENTSO-E grid and it hasn't been too much of an issue!
Not much of value will have been lost in the meantime. The only ones who are truly and beyond screwed by such events are large smelters and similar factories where any prolonged downtime leads to solidification of the products which, in extreme cases, require a full reconstruction.
As for "I can't buy eggs in a supermarket now"... lol. People need to learn to chill down a bit. You won't die from having to wait a few hours to be able to buy the eggs.
This outage does not affect the islands, at least in Portugal. Madeira has power.
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
I wonder if stores would be able to sell anything without power. My supermarket, for example, only has electronic cash registers. And no price tags.
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
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Local power outages are probably the most common "disaster" one should prepare for.
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
When the power is out one cannot pay with cash either - because the cash register is offline.
Apparently this spans more countries? Very strange. Possibly a cyberattack or sabotage? Growing up in Spain I've never experienced anything like this (not there at the moment, but friends have told me over WhatsApp).
Continental Europe Synchronous Area [1] The whole Europe power grid are somewhat interconnected I wont be surprise if this knock on effect start knocking out other surrounding countries. [1] https://en.wikipedia.org/wiki/Continental_Europe_Synchronous...