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by k8wk1
1156 days ago
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Also, the reason this is only possible at all is that Germany uses the rest of Europe as a giant battery to manage the non-dispatchability of renewables. The import-export balance often changes by as much as one third of Germany consumption in 12 hours [1]. The electricity prices are also becoming zero[2] in Germany during parts of the day, which is a great outcome only on the surface. As this progresses, the consequence will be that renewable electricity producers aren't getting paid during their prime generating hours. This means even more subsidies will be required going forward to bring additional production. It will become more apparent once the reserve of easily dispatchable electricity sources is fully tapped to balance renewables across Europe. We will see very high prices during mornings and evenings and whenever it's cold and dark. The fossil fuel plants that are turned on during these periods will need to earn enough to address the additional wear due to quick power cycling and to keep being maintained for the rest of the time when they are unused. [1] - https://www.smard.de/page/en/marktdaten/78?marketDataAttribu... [2] - https://www.nordpoolgroup.com/en/Market-data1/Dayahead/Area-... |
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