This is just further spelling out the case for energy storage. It seems like there would be tons of profit potential for just running a grid scale battery storage facility plant- if you can charge at negative wholesale and sell at peak, then you would not only stand to make a profit, but you’d help even out the problem.
Why Power Prices Can Go Negative and What It Means
Submitted 3 months ago by silence7@slrpnk.net to energy@slrpnk.net
Comments
carl_dungeon@lemmy.world 3 months ago
silence7@slrpnk.net 3 months ago
For sure. I’m expecting that even with significant storage, a cost-optimal system will still need to curtail generation some of the time though.
Flaqueman@sh.itjust.works 3 months ago
It means that electricity shouldn’t be treated as a good you can speculate on.
photon_echo@slrpnk.net 3 months ago
I didn’t see anything in the article at all regarding speculation or futures markets of electricity with the one exception being a mention of some industrial operators signing long term contracts to buy oversupply.