It’s still not earning you money to spend electricity because you still have to pay the transfer fee which is around 6 cents / kWh but it’s pretty damn cheap nevertheless, mostly because of the excess in wind energy.
Last winter because of a mistake it dropped down to negative 50 cents / kWh for few hours, averaging negative 20 cents for the entire day. People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.
Why does it feel like every Nordic country is much better then Sweden these days.
The energy prices in Sweden were also mostly negative yesterday, and today as well. Although probably not quite as much as in Finland.
We each have our problems but I have to admit that I haven’t heard many positive news coming from there recently.
People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.
Resistive load. Gotta dump excess energy somewhere.
My electric company here in the us mines bitcoin with it and charges us a “peak time incentive” pricing model.
Sometimes I wonder what it would have been like to be born somewhere like Finland.
Luckily my energy company found a way around all of this to always charge more! We have “Basic Customer Charge”, “Summary of Rider Adjustments”, “Renewable Energy Rider”, and then Sales Tax on all of it. My base charge is over 100$ before they start calculating your actually energy usage. Yay electrical monopolies!
Welcome to the world of renewables. We have quite some negative hours in Germany in summer when sun and wind are active simultaneously. Unfortunately Finland relies on nuclear, does it?
What’s wrong with nuclear?
People still buying into oil company FUD from the 70s
The toxic and deadly trash it makes. Deadly for centuries.
In Germany we still search for an area to dig for ages. We search since 30 years.
In the mean time, you seem to be a big fan of burning coal instead, which only pollutes the atmosphere instead of easily storable material to be buried when we feel we have found a sufficient deep hole that no one is going to look in.
Your entire argument is a fallacy of saying it is either nuclear or coal, when in reality it is either renewables or coal+nuclear.
It is the same companies that want to continue both coal and nuclear, because it requires similar components in the power plants and similar equipment for mining.
Also the same government in Germany that expanded the nuclear power slashed the build up of renewables, resulting in the long time for coal in the first place.
Stop being a fossil shill. If you shill for nuclear you shill for coal too.
Congrats you’ve fallen for oil company FUD from the 70s.
In what world is nuclear + renewables not a possibility. Nobody here is wanting nuclear + coal. You sit here and bitch and whine about fallacies while your entire argument relies entirely on a strawman.
If I had to guess, it’s a temporary influx of “renewable” energy ( read solar nuclear energy as pretty much everything on earth including coal / water and so on ). You can’t copy this into other countries. Both Scandinavian and alpine countries have abundance of water and wind energy
You can’t copy this into other countries.
I’m currently paying $.20/kWh on a Texas grid that is heavily based on natural gas, despite being ripe for a solar/wind boom.
If you could cut my bill in half, particularly during the summer when my AC usage explodes, that would be much appreciated.
Renewables dipped below $0 for us in California too this year. Fortunately for the utilities, those savings don’t get passed along to customers and I still paid $0.53 kW/h. /s
Lucky you.
I still paid $0.53 kW/h.
That is surprisingly expensive, it’s more than here (Cambodia), which is notoriously high for the region at around 20c.
