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by hef19898
982 days ago
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True, sun and wind aren't free. In terms of energy markets (too lazy to look up the up to dtae details, so it might have changed in the last 5 years), only the variable costs for producing one kWh of electricity are taking into account (so basically fuel plus CO2 certificates, over simplified a bit). In that sense, sun and wind are free. Don't ask me why fix costs aren't considered... Grid stabilization is priced in, usually using specific contracts with producers and large consumers (read steel, chemical, paper industrial sites and other with huge electricity needs). In that regard, the European markets are working fine and as intended. Long term, we have to solve the issue of electricity storage. Short term, we are totally fine with renewables producing <60% of our electricity, and on some days even more. Base load became much less of a problem, most hige consumers in the industrial sectors found ways to be much more flexible in their demand, driven in no small degree by being to make extra money on the spot markets (and we talk 10s of millions here). |
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