Interesting article (https://www.reuters.com/business/en...its-prices-exposing-storage-needs-2024-06-21/ ) concerning the issues when there is too much supply chasing not enough loads.
There has been some discussion about balcony solar, or the use of micro inverters on the Forum recently. The assumption on a few peoples part is that this should be allowed without regulation or need to get electric companies approval. The thing is that being able to pickup load from the grid demands that sufficient loads exist. In the past the grid was considered an infinite load where the few solar grid tie users did not need to worry that there contribution would upset the apple cart.
Does your rights to pick up grid load exceed the rights of the person down the road who has a grid tie setup? How do you apportioned share? If the electric company charges nothing for power due to more supply than needed than obviously someone somewhere is losing money. The idea of having more battery storage to shift demand supply does not simplify any of this because folks that do this are relying on selling at a higher price and buying back at a lower price. Almost like a customer of a grocery store buying an item at a slow time and than demanding the store pay them more for it during a rush period.
The shift to more solar power is proving interesting.
OSLO/PARIS, June 21 (Reuters) - Europe has clocked a record number of hours of negative power prices this year due to a mismatch between demand and supply as solar power generation soars, potentially helping to shift investment to much needed storage solutions.
Wholesale power markets in most of Europe's key economies turned out zero or negative prices for a record number of hours in the first five months of this year at times of low demand. That means producers more frequently have to pay to offload power, or stop their plants.
There has been some discussion about balcony solar, or the use of micro inverters on the Forum recently. The assumption on a few peoples part is that this should be allowed without regulation or need to get electric companies approval. The thing is that being able to pickup load from the grid demands that sufficient loads exist. In the past the grid was considered an infinite load where the few solar grid tie users did not need to worry that there contribution would upset the apple cart.
Does your rights to pick up grid load exceed the rights of the person down the road who has a grid tie setup? How do you apportioned share? If the electric company charges nothing for power due to more supply than needed than obviously someone somewhere is losing money. The idea of having more battery storage to shift demand supply does not simplify any of this because folks that do this are relying on selling at a higher price and buying back at a lower price. Almost like a customer of a grocery store buying an item at a slow time and than demanding the store pay them more for it during a rush period.
The shift to more solar power is proving interesting.