๐งต View Thread
๐งต Thread (11 tweets)
sunny day, so I went to check the California electricity price map. sure enough, pretty much everywhere, the current price of electricity is negative. poor generators that can't easily throttle their output, like nuclear or geothermal, apparently have to just pay for the privilege of outputting power, if they can't get rid of it any other way in certain areas, the pricing is quite negative
like here is an interesting circumstance. there's a bottleneck, so, power is almost 30 cents per MWh in one place, whereas just across the ridge, any power plant operating has to pay almost 30 cents to put that power on the grid. meanwhile, the poor geothermal plant at The Geysers, Eagle Rock, has to produce power at a negative realtime price, even though all around it utilities are buying at a positive price.
sunny day, and the marginal price of power is again 0 all over the place on the real time markets. really interested in estimating the current and future depth of this intensifyingly frequent situation https://t.co/1w5ZApBymG
important point https://t.co/sUn4VjsRpU
including this https://t.co/O3pCxiZ2bM
@nucpilot_Chris this is true, the major of the baseload generation is contracted, but not all. this paper on the geysers geothermal resource argues that the curtailment they have to do is related to negative pricing it's about ~1% of their net generation, but growing https://t.co/InUkCXoRYN https://t.co/E6CPNTf9My
jigar shah writes today! https://t.co/Tu9p97TMGL
tesla doing amazing at this https://t.co/qIttfJ0Wja
the price is negative again guys!! https://t.co/cRGBM3zPIG https://t.co/J71ucuuXXn
mooom the price is negative again https://t.co/btIUvGfLMs
