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German power prices dropped below zero on the first trading day of the year, an increasingly frequent phenomenon in Europe as renewables expand.

Intraday prices in Germany, the region’s biggest market, turned negative during four hours overnight as wind-energy output reached as much as 40 gigawatts, far outstripping demand."

    • eleitl@lemm.eeEnglish
      26·
      3 days ago

      Only if Germany changes existing legislation on power taxation. And do check out for how much a TWh of grid scale storage goes for. Hydrogen is the only borderline cost effective solution at the scale required.

      • Zement@feddit.nlEnglish
        7·
        3 days ago

        Decentralized 1-8 WH “Trade at Home” Packs would be able to buffer the civil need, even with a low adoption rate… but come on, these things would generate money by trading AND you have a nice power backup solution for your flat.

        But that’s just a stupid idea… why would anyone want this. It’s not like we literally throw away LiPo Batteries after a single use (Vape).