@[email protected] to World [email protected] • 18 days agoElectricity prices in France turn negative as renewable energy floods the gridfortune.comexternal-linkmessage-square122fedilinkarrow-up11arrow-down10cross-posted to: hackernewstechnologyeuropeworldnews
arrow-up11arrow-down1external-linkElectricity prices in France turn negative as renewable energy floods the gridfortune.com@[email protected] to World [email protected] • 18 days agomessage-square122fedilinkcross-posted to: hackernewstechnologyeuropeworldnews
minus-square@[email protected]linkfedilink0•17 days agoYet whenever prices for something go negative we’re never paid for taking it off their hands.
minus-square@[email protected]linkfedilink0•16 days agoThat’s cuz it’s not really negative in reality. That’s not how services work.
minus-square@[email protected]linkfedilink0•16 days agoNegative prices mean the companies are paying people to burn energy because too much energy in the grid is also a problem! It’s really meant for industry because a couple households turning on their hair dryers isn’t going to cut it
Yet whenever prices for something go negative we’re never paid for taking it off their hands.
That’s cuz it’s not really negative in reality. That’s not how services work.
Negative prices mean the companies are paying people to burn energy because too much energy in the grid is also a problem!
It’s really meant for industry because a couple households turning on their hair dryers isn’t going to cut it