John Carlos Baez on Nostr: Today it's so windy near Edinburgh that the price of power has gone negative! So ...
Today it's so windy near Edinburgh that the price of power has gone negative! So we're helping out the electric company by turning on more lights.
Why does the price go negative? Apparently because it costs more to slow the turbines than to let them spin and generate power. And it costs more to dump the power somewhere than to have customers use it.
We get the pricing data in real time from here:
https://energy-stats.uk/octopus-agile-southern-scotland/ Published at
2023-07-16 11:11:14Event JSON
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"content": "Today it's so windy near Edinburgh that the price of power has gone negative! So we're helping out the electric company by turning on more lights. \n\nWhy does the price go negative? Apparently because it costs more to slow the turbines than to let them spin and generate power. And it costs more to dump the power somewhere than to have customers use it.\n\nWe get the pricing data in real time from here:\n\nhttps://energy-stats.uk/octopus-agile-southern-scotland/\n\nhttps://media.mathstodon.xyz/media_attachments/files/110/723/434/828/269/915/original/fca48181b11391c5.jpg",
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