Comment by yxhuvud
3 days ago
While true that it happens in certain cases, the onus of showing that it would be the case in this specific case is still on you.
3 days ago
While true that it happens in certain cases, the onus of showing that it would be the case in this specific case is still on you.
I basically just did, that's how markets of this kind work. If it is more profitable to warm the wind along a mountain side than some cold person, then that person will stay cold.
Poverty and misery in the world are mainly caused by this kind of mechanism.
When the grid has to much money for 10 seconds, the cost of finding an having a productive asset that is ready to accept such a short burst of energy means that paying people to throw it away can easily be cheaper, leaving you with net positive money that can be used towards keeping people warm. Real systems involve tradeoffs, and so there will always be some short enough time frame where throwing away energy is better for society and human welfare than building infrastructure to use it. Everyone already using the energy gets it for free when prices are negative.
If it is profitable to produce heat, it means prices are negative. If prices are negative, then that is true also for cold people.
On the other hand if prices are high, and someone has sells electricity that was bought when prices were close to zero, then the cold people will get warm for cheaper than if there wasn't a battery.
Sorry, but you really make no sense.
Manufactured scarcity and related phenomena are really, really common. You should probably look into themes like the tendency of the rate of profit to fall and planned obsolescence and so on, and then explain why this specific case of coked yuppie market would be immune to them.
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