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French Power Price Plunges Below Zero as Solar Swamps the Grid (www.bloomberg.com)

submitted 4 months ago by Redditsux@lemmy.world to c/economy@lemmy.world

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cross-posted from: https://lemmy.world/post/27655861

cross-posted from: https://lemmy.world/post/27655856

Europe’s booming solar generation is overwhelming the region’s grids, sending power prices slumping far below zero.

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[–] cynar@lemmy.world 3 points 4 months ago (2 children)

In principle it can be. The question is whether it's configured to allow for that.

The economic problem is a symptom of a grid stability problem.

[–] oyo@lemm.ee 2 points 4 months ago

Every system operator where renewable saturation is even remotely possible requires it for all large plants. It's a technically trivial problem that has no impact on grid stability.

[–] Skyrmir@lemmy.world 1 points 4 months ago (1 children)

There are no electrical connections to the grid without a shut off. Every wire is required to have a rated shut off at the most basic level.

[–] cynar@lemmy.world 2 points 4 months ago (1 children)

Ok, so how do the grid controllers access that? How do you decide fairly which sites to turn off?

[–] Skyrmir@lemmy.world 2 points 4 months ago

It depends on the supplier contract that has to be filed with RTE before you're allowed to connect and transmit power.