847
That massive spike of 50c/kWh at the left looks tiny compared to today even though that's already insanely expensive
this post was submitted on 05 Jan 2024
847 points (98.6% liked)
Mildly Infuriating
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Anti-ecological maybe.
Consumers have chosen the spot deals because of the lowest possible prices with disregard to the high points and consumption.
I think the opposite. Price is usually high when demand is high because of cold temperature. Because of the high price, you're motivated to consume less, and that's a good thing for the grid. It's also a good thing for the carbon footprint because usually this is when the most polluting plants are activated, gas first, then fuel and coal. This is where protecting the consumer too much from the wholesale market volatility can be a problem, a fix price doesn't motivate the end consumer to adapt consumption base on supply/demand which is important to reduce carbon footprint, instead the country pollutes more than it would if people were more aware. The problem is rather the risk for personal finance. That's why I thought mostly ecological activists would be motivated enough to take this risk. But I forgot the possibility of very low prices on average.
I'd see you as an exception to the spot consumers here. Very admirable perspective!