Comment on Market operator issues first-ever low-demand warning as solar 'juggernaut' risks grid overload

Evil_incarnate@lemm.ee ⁨1⁩ ⁨month⁩ ago

Aussie in Finland here. We have an electricity system here with “spot price”. I get charged a price per kWh depending on the forecasted supply (from producers) and demand (from history and other math) and it changes every hour. At the time of writing this it is 0.60 c/kWh (+margin+transmission+taxes for a total of 7.87c/kWh).

When demand is higher, like winter, and supply is lower (maintenance or faults or no wind), the price can go up to 30-50c, but when there is plenty of power about the energy price can go into negatives.

This makes an effect on usage and stabilises the system. But probably too hard to set up.

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