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Germany has too many solar panels, and it's pushed energy prices into negative territory
(markets.businessinsider.com)
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this post was submitted on 24 May 2024
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Power being priced negative is awesome. We need more of it imo, make energy so abundant that it makes processes that were previously too energy-intensive viable, and enables a massive increase in both residential and grid storage capacity.
My opinion is that Na-ion batteries are the way for bulk grid storage and apartment/home storage nya.
They use hyper abundant materials and are now reaching the point of decent endurance, and if you arent bothered by them being heavy (as is the case for grid and residential storage), they're fairly comparable to Li-Ion without the usage of relatively rare Lithium.
Yeah, negative prices finally incentivize storage technologies such as battery storage.
If you can actually get them. According to the article, it appears that an end user with his own battery system cannot actually get paid to store energy.