Comment on Germany hits 62.7% renewables in 2024 energy mix, with solar contributing 14%
UnderpantsWeevil@lemmy.world 4 weeks agorenewbles are typically cheaper than the alternatives
But firms will charge market rate regardless of the source of energy. This is a problem we have in Texas under ERCOT.
Green power can come in at such high rates that local power is practically free. But because the energy is bundled and auctioned with coal and gas across the grid at large, and because electricity is priced at the maximum auction rate, a shortage in one municipality that’s filled with high priced fossil fuel power raises the retail price of energy into the hundreds or even thousands of dollars a MWh.
zergtoshi@lemmy.world 4 weeks ago
I wonder how long it takes to bundle renawables only with batteries and sell that without subsidising fossil based electric energy.
May the fossil burners go bankrupt rather sooner than later as it’s a more reliable way to get them out of the mix than regulation is.
UnderpantsWeevil@lemmy.world 3 weeks ago
Significantly less efficient than a green grid. Roof solar isn’t going to practically compete with industrial scale solar or wind, much less stage subsidized gas.
The demand for energy is only increasing. I don’t think anyone is going to go bankrupt selling electricity into this market.