The reason the price goes negative is that there’s too much electricity being produced and not enough being used. The grid isn’t a magical electricity sink. Things will break if the frequency raises too much due to overvoltage. I hate money and capitalism as much as the next guy here, but this dynamic is based on material realities, not market scheming.
The reason the price goes negative is that there’s too much electricity being produced and not enough being used. The grid isn’t a magical electricity sink. Things will break if the frequency raises too much due to overvoltage. I hate money and capitalism as much as the next guy here, but this dynamic is based on material realities, not market scheming.