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by terom 938 days ago
> There are some things markets are very good at. This is one of them.

Ironic in a thread about the market making up a totally imaginary generation surplus.

10-20% of Finnish retail customers are on spot market based contract, and stand to save up to something on the order of 0.40€/kWh consumed (net after taxes and fees) off their electrical bill for the reminder of the day. I suppose every market-rational consumer would have a 10kW electric space heater outside melting snow on the ground, maxing out their supply.

1 comments

No need to waste power melting snow, instead we can all turn on our (electric) saunas!