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German power prices turn negative amid expansion in renewables

18 pointsby rustoo5 months ago

6 comments

ZeroGravitas5 months ago
"Coal plants fined for lack of responsiveness to grid requirements" might be batter headline.
leobg5 months ago
Context: We do pay ~0.20 Euros of taxes per kWh. You have to add that to the actual power price.<p>(And we do pay tax on income before we use that income to pay for power to our homes.)
belter5 months ago
This means you need to pay to send energy to the grid.
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westurner5 months ago
Given the intraday prices, are there sufficient incentives to stimulate creation of energy storage businesses to sell the excess electricity back a couple hours or days later?<p>Or have the wasteful idiot cryptoasset miners been regulated out of existence such that there is no longer a <i>buyer of last resort</i> for excess rationally-subsidized clean energy?<p>Are the Duck Curve and Alligator curve problems the same in EU and other energy markets with and without intraday electricity prices?<p>Duck curve: Solar peaks around noon, but energy usage peaks around the evening commute and dinner; <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Duck_curve" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Duck_curve</a><p>Alligator curve: Wind peaks in the middle of the night;<p><a href="https:&#x2F;&#x2F;fresh-energy.org&#x2F;renewable-integration-in-the-midwest-is-a-whole-other-animal" rel="nofollow">https:&#x2F;&#x2F;fresh-energy.org&#x2F;renewable-integration-in-the-midwes...</a> :<p>&gt; <i>So, if we’re not duck-like, what is the Upper Midwest’s energy mascot? We give you: the Smilin’ Gator Curve. Unlike California’s ominous, faceless duck, Sally Gator welcomes the Midwest’s commitment to renewable generation!</i><p>(An excellent drawing of a cartoon municipally-bonded incumbent energy utility mascot!)<p>Can cryptoasset or data mining firms scale to increase demand for electricity when energy prices low or below zero? What are there relocation costs?<p>Is such a low subsidized energy price lucrative to energy storage, not-yet-PQ Proof-of-Work, and other data mining firms?<p>Can&#x27;t GPE gravitational potential energy in old but secured mine shafts scale to meet energy storage requirements?
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BillBull5 months ago
Energy is like, totally free in Germany. How great things must be for their industry.
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skybrian5 months ago
It would be interesting to read more about the power generators that aren’t disconnecting. How much of that is retail solar?