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[-] protist@mander.xyz 107 points 1 year ago

Thanks for giving us a bank's perspective, Business Insider.

[-] Jarix@lemmy.world 29 points 1 year ago

This statement brought to you by Greed® and Capitalism™

[-] Track_Shovel@slrpnk.net 103 points 1 year ago* (last edited 1 year ago)

OH NO! IT'S WORKING! Someone think of the power companies!

[-] nokturne213@sopuli.xyz 20 points 1 year ago

My rural electric coop limits the amount they will pay for end user generated solar power per month. They will never let the bill zero out or be negative.

[-] FurtiveFugitive@lemm.ee 32 points 1 year ago* (last edited 1 year ago)

As long as that means there's a minimum fee that's going to maintain the grid, I think I'm okay with electric bills not going negative.

I was worried when Germany shut down their nuclear reactors but it's great news to hear they're embracing solar hard

[-] JoMiran@lemmy.ml 10 points 1 year ago

I shit down my reactor every time solar goes hard too.

[-] hypnicjerk@lemmy.world 63 points 1 year ago

"people are no longer paying for things they don't need! this is a disaster!"

[-] slazer2au@lemmy.world 45 points 1 year ago

That sounds like a good problem to have.
Next step is get those power storage systems in to take advantage of negative pricing

[-] Steve@startrek.website 7 points 1 year ago

Buy this battery, and the power company will pay you to charge it. Problem?

[-] cynar@lemmy.world 2 points 1 year ago

That already happens on large scales. E.g. aluminium smelters will sync their smelters to the grid price.

[-] Sam_Bass@lemmy.ml 43 points 1 year ago

That sounds exactly like what a power company would say

[-] UncleGrandPa@lemmy.world 33 points 1 year ago

Why Are they talking like it's a bad thing?

[-] stanleytweedle@lemmy.world 21 points 1 year ago

Because it is a bad thing for the financial interests that Business Insider serves.

[-] fr0g@feddit.de 2 points 1 year ago

In isolation, it's very obviously a bad thing, because it makes solar less profitable and might slow down the switch to renewables.

In a wider context, it can still be seen as a god thing as it means there has been a significant pivot to solar already and luckily it's also a very solvable problem. There just needs to be more energy storage.

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[-] cynar@lemmy.world 1 points 1 year ago

It's a sign of a grid stability issue. A power grid needs to balance input, output and losses. An imbalance in either direction is bad.

A negative price means the grid is worried about a collapse. They are willing to pay sinks to come online NOW, or for production to go offline.

The solution isn't less renewables however! It's more storage, and better smarts on the grid. Most grids are poorly designed for renewables, and their loads characteristics. That needs to change rapidly.

[-] antlion@lemmy.dbzer0.com 33 points 1 year ago

Negative pricing during peak solar hours has also been happening in California. Longer-term negative pricing has been happening for more than a decade in the Columbia River basin, due to high wind (and wind subsidies per MWh) and high hydroelectric flows.

It’s pretty simple. Negative pricing creates a strong incentive for energy storage. We need more energy storage to support more renewable energy. This was inevitable. I’d love to see a future where people driving their EVs get a pop-up alert: FREE CHARGING AVAILABLE FOR THE NEXT 35 minutes. And the charging network gets paid to take up excess load.

[-] PowerCrazy@lemmy.ml 8 points 1 year ago

I'd like a future where EV's aren't a part of it and worrying about such frivolities as "personal transportation" is a foreign concept.

[-] antlion@lemmy.dbzer0.com 13 points 1 year ago

All of transportation cannot be shared or multi-passenger because some trips are to places where nobody else is going. Perhaps in dense cities, which will take at least 50 years to rebuild in a walkable way in the US. But people will still want to enjoy natural places - lakes, rivers, mountains, deserts, forests, and snow, and there won’t always be rails built to access those places. Electric mountain bikes with a 500 mile range maybe? Personal transportation will always be around.

[-] PowerCrazy@lemmy.ml 5 points 1 year ago

Ok but if you are in the middle of nature where is this mythical charging station that is going to ping your cell-phone that you should charge your bike in the next 35 minutes? It better not be in the national park you are visiting. I'd also say that in America, removing cars from our national parks and replacing them with rail would be a huge boost to accessibility, and preservation. Hiking/biking trails can and should still exist, but in that world Electric Cars have no place.

[-] antlion@lemmy.dbzer0.com 6 points 1 year ago

National parks are great opportunity for sharing rides, rail, or bus. I think Yosemite valley should be 100% free from personal vehicles. I’m talking about climbing a mountain and starting at the trailhead at 6am. Mountain biking or paddle boarding or surfing. Going fishing or hunting in a place nobody else goes. Maybe you’ve never experienced real solitude, but ridesharing and transit isn’t going to get those experiences. There is not a future free from personal transportation. Even in a post apocalypse anarchy, people will build off grid solutions to drive electric ATVs and bikes and buggies and whatever else.

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[-] joshhsoj1902@lemmy.ca 2 points 1 year ago

There already aren't gas stations in these remote locations. Why would there need to be EV chargers??

The thought of having rail service small campsites is comical.

If we did move to a world where cities are dense enough that public transit did replace cars for most people, cars would still be a viable rental for when leaving the city.

[-] PowerCrazy@lemmy.ml 1 points 1 year ago* (last edited 1 year ago)

Rail service doesn't go to the campsite. It goes to the trailhead/lodge, then you can hike to your campsite.

[-] Holyginz@lemmy.world 1 points 1 year ago

If it happens its not happening anytime in the near future.

[-] TomMasz@lemmy.world 29 points 1 year ago

Sell it to other EU countries. Why is this so hard?

[-] Hugohase@startrek.website 18 points 1 year ago

This is happening, to a degree, in most of Europe. Storage is the answer as described in the article. Unfortunately politics are not proactive, you need to break the system before something happens... and now the system is broken, yeah!!!

[-] Serinus@lemmy.world 9 points 1 year ago

Most power is produced in the morning to early afternoon. Most power is used in the evening. We just don't have that much storage yet.

It's hard to say we're wasting energy though. There's a whole lot more solar power than what we're capturing, after all.

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[-] TunaCowboy@lemmy.world 21 points 1 year ago

Yo, businessinsider, suck my dick.

[-] maxmalrichtig@discuss.tchncs.de 18 points 1 year ago

I'd say that this a weird way to put it. We just have too few other sustainable plants - mainly wind - in our mix.

[-] BigMacHole@lemm.ee 14 points 1 year ago

This is HORRIBLE! How will the JOB CREATORS (who keep laying off thousands of workers) make any MONEY for IMPROVEMENTS to give us CHEAPER and better product?

[-] Tobberone@lemm.ee 9 points 1 year ago

As predicted. The EU policies on solar will drive the same excess in every country. Germany is also going for hydrogen with a large hydrogen network already built and excess electricity would be a great source of power for green hydrogen production (which is vehemently inefficient, but if it's free...)

[-] A7thStone@lemmy.world 9 points 1 year ago

One of the nuke plants I work at put in a hydrogen electrolyzer two years ago for this reason, and they are doubling it's size next year because it worked so well. Their "problem" is different than solar. Nukes constantly put it the same amount of power, so they feed the excess into the electrolyzer when demand is low, but it's basically the same idea. Electrolysis id inefficient, but if you're producing more energy than you can feed into the grid you may as well do something useful with it.

[-] Zipitydew@sh.itjust.works 5 points 1 year ago

Same reason I think carbon capture is worth looking into. It should not be a primary solution. I know some fossil fuel groups are behind it today. But in the not too distant future we are going to have excess green energy. Capturing carbon is worth seeing if we can scale to the point of being one of our tools. People are quick to scoff at the idea. Much like I've seen with hydrogen. But I'd rather try many options to reverse change that might not be perfect. Instead of hoping we transition power sources and that alone was enough.

[-] cynar@lemmy.world 2 points 1 year ago

The 2 go well together. Hydrocarbons are an excellent carbon store. Carbon also stabilises the hydrogen, so it doesn't leak through the walls of your containers. Lastly, it can actually to replace oil in things like plastic production.

In a pinch, you can also burn the result, to get energy back.

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[-] Fedizen@lemmy.world 9 points 1 year ago

this is like a bitcoin miner's wet dream.

[-] Ekpu@lemmy.world 6 points 1 year ago

Nevertheless I am paying premium prices to charge my EV on public chargers in germany...

[-] freebee@sh.itjust.works 2 points 1 year ago

Practically free solar power on the grid does not make the chargers and the infrastructure needed for them free. Tho yeah you're probably overpaying for it on days with high renewable power generation.

[-] Carrolade@lemmy.world 6 points 1 year ago

Can't it just be transmitted over to France, Austria, Poland and Denmark?

[-] blackn1ght@feddit.uk 3 points 1 year ago

Can't they sell the surplus to neighbouring countries?

[-] Mangoholic@lemmy.ml 2 points 1 year ago

In fact we have to pay the neighboring countries to take the excess power in order to lighten the load on the grid. Switzerland and Austria will then use the power to pump up water to store the energy.

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[-] Rentlar@lemmy.ca 3 points 1 year ago

This is great! No shortage of electricity in Germany thanks to green energy!

[-] freebee@sh.itjust.works 1 points 1 year ago

The risk is never this period. It's december-february, if there's the certainty of low solar production (during hours when it's needed least) and the possibility of low wind combined with a lengthy period of strong cold weather. That's when the fossil is needed...

[-] dessalines@lemmy.ml 1 points 1 year ago

Why is Germany building a ton of coal plants then?

[-] antlion@lemmy.dbzer0.com 1 points 1 year ago

Negative pricing just means power isn’t needed or wanted at that time of day. During the winter when it’s not sunny, power will still be needed.

[-] dessalines@lemmy.ml 1 points 1 year ago

Does solar in summer meet their energy demands? I was under the impression that it didn't.

[-] antlion@lemmy.dbzer0.com 2 points 1 year ago

Negative pricing from solar occurs mid-day. It doesn’t mean all other power plants are turned off. Some power like nuclear or coal have thermal inertia, and so they aren’t worth trying to shut off for a few hours - it would cost them more to shut down and heat back up than to just pay the negative price to stay on. So this negative pricing just indicates that more solar is online than ever before, and the market is ripe for diversification of energy sources (or storage) to take advantage of price differentials. If other sources phase out, solar may meet the full summer demand for a few hours each day. Then eventually with batteries solar can meet the full demand for a few months straight. But it will never meet winter demands, especially with electrified heating.

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this post was submitted on 24 May 2024
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