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by fulafel
3126 days ago
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Incidentally, this is close to how it works (at least around my part of the world) when you as a residential customer choose to buy solar/wind generated electricity. The retail electricity providers sell you electricity from a spot market (see https://en.wikipedia.org/wiki/Electricity_market#Wholesale_e...) and you pay the local power comapny to send you the electricity over the national grid. BTW there's a big difference here between GW (power) and energy - do they contract 3 GW 24/7 or are they buying 24*3 GWh per day whenever the spot prices are lowest, or are they paying companies to average 3 GW per day over a multi year contract? In the first scenario there will be surplus over 3GW for most of the day. |
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[1] https://environment.google/projects/announcement-100/