Green - An environmentalist community

5310 readers

1 users here now

This is the place to discuss environmentalism, preservation, direct action and anything related to it!

RULES:

1- Remember the human

2- Link posts should come from a reputable source

3- All opinions are allowed but discussion must be in good faith

Related communities:

Unofficial Chat rooms:

founded 5 years ago

MODERATORS

[email protected]

135

Germany Has Too Many Solar Panels, and It's Pushed Energy Prices Negative (markets.businessinsider.com)

submitted 5 months ago by [email protected] to c/[email protected]

62 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 5 months ago (1 children)

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.

[–] [email protected] 1 points 5 months ago (1 children)

Won't energy storage help drive prices back up too?

[–] [email protected] 1 points 5 months ago* (last edited 5 months ago)

I guess that depends. If the costs to invest in storage is cheaper long term than losing money from excess energy, then energy companies would lose less money and thus could offer cheaper prices. But it would definitely help decrease or get rid of negative prices.