Kevin Leecaster on Nostr: Clean energy is causing wholesale electricity prices to plummet for part of the day. ...
Clean energy is causing wholesale electricity prices to plummet for part of the day.
In southern Australia, wholesale electricity prices have been negative some 20 percent of the time since last year, according to the International Energy Agency.
The share of negatively priced hours in southern California was above 20 percent in the first half of the year, more than triple from the same period in 2023, the IEA said.
Smart investors though are building grid scale battery farms to harvest it!
Published at
2024-07-24 15:38:29Event JSON
{
"id": "778258f4e5e6d20869ae512b02ba1b4db9ba823e6eeeda1b518e93200e0ff686",
"pubkey": "312a408ff79d0f63ec7f139ba9ee376b845639e91453ae977735c190f42be385",
"created_at": 1721835509,
"kind": 1,
"tags": [
[
"proxy",
"https://mstdn.social/@GreenFire/112842211924898410",
"web"
],
[
"proxy",
"https://mstdn.social/users/GreenFire/statuses/112842211924898410",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mstdn.social/users/GreenFire/statuses/112842211924898410",
"pink.momostr"
],
[
"-"
]
],
"content": "Clean energy is causing wholesale electricity prices to plummet for part of the day.\n\nIn southern Australia, wholesale electricity prices have been negative some 20 percent of the time since last year, according to the International Energy Agency.\n\nThe share of negatively priced hours in southern California was above 20 percent in the first half of the year, more than triple from the same period in 2023, the IEA said.\n\nSmart investors though are building grid scale battery farms to harvest it!",
"sig": "21302744b10ae95040b0ead3ec1771c327b94903086a89a47b6dea1a0d814d4e9d5b4862af27c3d8a02fb4776a8cc34a0329e57336f5a588eb494d10da5b44f4"
}