• Buffalox@lemmy.world
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    4 hours ago

    What a moronic headline, electricity has already often had negative prices here in Denmark, and with taxes removed per January 1st this year, only the price of “transport” through the grid has prevented that we’ve had negative prices on electricity including delivery cost already this year.

    We’ve already been down to 0,03 € per kWh, and it is bound to get lower in the summer. I expect several days during this summer, where the total cost of electricity for consumers will go negative.

    Last year, Britain wasted a staggering £1.47 billion (around €1.78 billion) by turning down wind turbines

    This is complete and utter bullshit, turbines are turned down when prices go negative, and obviously not producing at negative prices is not a waste of any value. the above sentence is self contradictory! Complete and utter shit article. 🤮

  • Jeeve65@ttrpg.network
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    1 day ago

    “Rather than paying wind farms to switch off we’re trialling a new system where people who live near these constrained areas get cheaper - or even free - electricity.”

    Wow. That’s such a brilliant new idea –except that across the North Sea this has been possible for several years now. A so called ‘dynamic contract’ prices electricity based on supply and demand, which changes every hour. Sometimes you pay more than the ‘flat rate’, but also sometimes you even get paid for using electricity.

    • vandsjov@feddit.dk
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      1 day ago

      For Denmark, prices are now changing every 15 minutes. We just had a few days lately where electricity was almost down to closing 0 and a single day with negative prices. All kinds of fees and taxes are added to that, so you’re still paying something.