- Grid and balancing costs are not in this model — and they matter. This analysis measures wholesale market prices only. The full consumer cost of the renewable transition includes network reinforcement, redispatch costs, and balancing reserves that rise as variable generation increases. Germany’s redispatch costs have climbed sharply since 2020. A future piece will attempt to put a number on whether the wholesale savings outweigh the system cost increases — the net welfare case for the energy transition hinges on this.
This is an important point that does not transpire in the title. But the article is great nonetheless.
In the long run, the cost will be cheaper, because you don’t have to worry about the sun or wind being blocked by a bunch of greedy pedophiles.
you don’t have to worry about the sun or wind being blocked by a bunch of greedy pedophiles
Come on, where’s your imagination? Where there’s a will, there’s a way!
Excellent Smithers.
Electricity is currently free in mainland Denmark.
Northern Germany checking in… I currently earn 9.7 cents per kWh that I consume.
I am actually unsure if, due to how we pay for electricity, if it can be negative…
I’m on one of those contracts that essentially just gives me the rate that’s currently being paid on the market. I’m now back up at 20 cents per kWh, but tomorrow noon it’ll drop to -37 cents.
So am I, but there are fees between the consumer and the market price regardless. I think the price of electricity would have to be very far into the negatives for it to become truly free for danes.
Same here. We pay about 11 cents per kWh in fees. The market price drops to less than negative 49 cents tomorrow due to solar power overproduction.
I love how war for oil part 2, 3, 4 (can’t remember now) is backfiring so hard. Every country is seeing this and trying to go independent now out of fear they’ll be swept up in the next one too. Except the US of course, guess we love being dependent on other countries
You have the US backwards, they’re a net exporter. They want other countries dependent on them.
it always brightens my day to think about how the polar opposite of the Fallout universe is happening
and hydrogen electrolysers
These are mythical. And the pinhole focus on just gas generation over a short period of time is not a good representation of the overall impact of the blockage.
