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Solar farm has to switch off every second day due to negative prices

reneweconomy.com.au

1–10 of 191 posts

Re: Solar farm has to switch off every second day due to negative prices

#3
post #2

It seems almost silly that we can generate more energy than we can use some, but not all of, the time.

What's more annoying is we can provide that energy for virtually free, but because it doesn't make someone else profits it gets switched off.

EDIT: just to clarify: I mean I wish that solar could be socialised and made into a social commodity.

We're becoming increasing dependent on electricity as time passes, almost to the point it'll be difficult to live well without it. If that ever becomes the case, I would want to see a social effort to ensure electricity becomes available to all, just like health care and drinking water.

I also understand that there are costs involved with providing these services, but again: social commodity. That means taxes and everyone chips in to ensure we have these resources available to all so that all can benefit and live equally.

Re: Solar farm has to switch off every second day due to negative prices

#5
post #3
post #2

It seems almost silly that we can generate more energy than we can use some, but not all of, the time.

What's more annoying is we can provide that energy for virtually free, but because it doesn't make someone else profits it gets switched off. EDIT: just to clarify: I mean I wish that solar could be socialised and made into a social commodity. We're becoming increasing dependent on electricity as time passes, almost to the point it'll be difficult to live well without it. If that ever becomes the case, I would want t…

Overloading the grid isn't a good idea, generally speaking

Re: Solar farm has to switch off every second day due to negative prices

#6
An explanation of the mechanics of how I'd have to pay somebody else to take my electricity (e.g., a negative rate) would be helpful.

As prices approaches 0, I could take the excess electricity and say, mine cryptocurrency. Is nobody considering the arbitrage opportunities here? Take the 0-cost electricity, move water up a hill, and convert it back to electric when it's needed, etc.

Re: Solar farm has to switch off every second day due to negative prices

#9
post #3
post #2

It seems almost silly that we can generate more energy than we can use some, but not all of, the time.

What's more annoying is we can provide that energy for virtually free, but because it doesn't make someone else profits it gets switched off. EDIT: just to clarify: I mean I wish that solar could be socialised and made into a social commodity. We're becoming increasing dependent on electricity as time passes, almost to the point it'll be difficult to live well without it. If that ever becomes the case, I would want t…

why would they pay for someone else to use their energy? It just eats into their profits and means that their normal customers have to pay more for the solar energy.

Re: Solar farm has to switch off every second day due to negative prices

#10
post #7
post #4

Storage is definitely the wise answer here, as the article mentions. The fun answer here is giant crypto farm.

Yeah I had thought surely they can find a use for free electricity rather than just turning it off

Free electricity that turns off half the time and run basically randomly for the other half? Without a battery it’s useless, and you have to pay for that battery. Treating the electric grid as a battery shouldn’t be free. It’s just in this case they found the cost of battery to be greater than the value of the electricity they’re creating.
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