Hacker News new | ask | show | jobs
by Majromax 74 days ago
If you're buying and selling the power, then you don't care much about the absolute price, but rather the delta between the purchase and sale prices.

Below -100€/MWh, you don't need to sell the power to profit; you'd make at least some money just using it to heat up a big resistor.

1 comments

You didn't read what I wrote. The news is about trading prices. End users never pay those, because there are fixed network fees to be paid on top. So the actual bill will practically never have a negative price on it anywhere.

And even if there were negative end prices happening: There are metal smelting works and other operators of big resistors who will happily heat up even more. So prices will probably never get so negative that a normal consumer can ever profit from them.