| ▲ | boshomi 4 hours ago | |||||||||||||||||||||||||||||||||||||
Here is an analysis from Germany: Quarter-hourly spot prices compared to the share of renewable energy generation in total generation. A higher share of renewables puts massive downward pressure on the spot market electricity price. https://www.energy-charts.info/charts/price_scatter/chart.ht... Since price elasticity for electricity is very high, the market cap decreases by approximately €150,000 for every additional GWh of renewable energy production. A single additional offshore wind turbine with an annual output of 60 GWh reduces the combined revenue of all electricity producers by about €9 million per year that it is in operation. Blocking wind power and solar projects only serves to secure the profits of monopolists and oligopolists in the electricity market, but causes massive harm to the economy. | ||||||||||||||||||||||||||||||||||||||
| ▲ | jstimpfle 2 hours ago | parent | next [-] | |||||||||||||||||||||||||||||||||||||
This is interesting, but now explain why Germany has both the highest electricity prices in Europe as well as a relatively high CO2 footprint from electricity? Germany is buying not only nuclear but also coal energy from neighbouring countries. Will this be fixed at some point or is the German model not actually as good as you imply? | ||||||||||||||||||||||||||||||||||||||
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| ▲ | BenoitP an hour ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||
It'd be really great if wind turbines across Germany were producing at uncorrelated times. Let's look at the wind right now: uniform wind across Germany: https://earth.nullschool.net/#2026/09/04/1200Z/wind/surface/... Let's look at the wind earlier: uniformly no wind across Germany: https://earth.nullschool.net/#2026/09/02/0000Z/wind/surface/... Hmmmm. | ||||||||||||||||||||||||||||||||||||||
| ▲ | High-Five 3 hours ago | parent | prev [-] | |||||||||||||||||||||||||||||||||||||
Good link. Germany is the case where it works cleanly — more renewables, lower price, lower carbon, all moving the same direction. | ||||||||||||||||||||||||||||||||||||||
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