468
Germany has too many solar panels, and it's pushed energy prices into negative territory
(markets.businessinsider.com)
this post was submitted on 24 May 2024
468 points (92.2% liked)
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It's bad because the owning class has less control.
Oh no!
Anyway...
It must be a lot of work to see everything through this lens, all the time.
If you look at the states surrounding Germany, and the inter connectors they have, you’ll understand better why this isn’t just a simple thing to do and why it doesn’t relate to income level differences.
The only region that has managed to build a perfectly integrated spot market for electricity is Scandinavia. Every time you want to enable something like this, you’re in difficult negotiation territory; politics, unions, local government, NIMBYism, technical difficulties etc play a huge part.