Comment by Scoundreller
3 years ago
The dumb thing is that electricity transmission and distribution are usually fixed. This already doesn't make sense because it's peak demand that drives the capex. Opex is peanuts.
But the retail buyer doesn't usually see the negative/low electricity prices of high-supply+low-demand time periods for their "inefficient" uses that should still be economic.
> "But the retail buyer doesn't usually see the negative/low electricity prices"
There are electricity suppliers in the UK who offer prices linked to the wholesale price, including actually paying you to use electricity if the price goes negative. Quite useful for flexible loads such as EV charging!
https://twitter.com/DanielColquitt/status/139539635553586790...