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.
We each have our problems but I have to admit that I haven’t heard many positive news coming from there recently.
The energy prices in Sweden were also mostly negative yesterday, and today as well. Although probably not quite as much as in 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!
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.
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.
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.
Many active reactors rely on old designs, we have new ones now that are far cleaner. Some even use existing waste as fuel, so we would be able to get rid of those old stock piles.
Ofc the oil industry is fighting that tooth and nail since it doesn’t jive with their FUD campaign
Yeah and because those new designs are so great we see them installed all over the world. Except the projects take decades, skyrocket in costs and get delayed for decades on top.
Advocating for nuclear power now is in the best interest of the oil lobby. And it is simply impossible to solve the urgent energy transition with it, even if all the miracles promised about it were true.
Except the projects take decades, skyrocket in costs and get delayed for decades on top.
France is doing just fine with none of those issues.
The budget could increase by 70-90% compared to initial estimates, with commissioning delayed up to four to six years.
In France, the government plans to build six EPR – with a possibility of eight more – at an average cost of €52 billion. The first commissioning is scheduled for 2035.
However, according to Les Échos, the costs have already been revised upwards by 30%. When for a comment, EDF CEO Luc Rémont “would not confirm any figures.”
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.
This will hopefully lead to storage methods, maybe exportable ones like hydrogen
You just sent me down a rabbit hole, I had heard of electrolysis but didn’t realize that it was able to store energy on a large scale. Seems like a waste of water though.
Well the water isn’t disappearing anywhere and I believe that works on salt water as well
How is it not disappearing if it’s turned into hydrogen?
Hydrogen reaction to oxygen in a fuel cell turns it back into water
So no water is lost?
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 absolutely copy this. Just build solar where there’s no wind.
No, you can’t. You can’t get the same of solar energy in Nordic countries as in Sahara desert. It’s simple, you can’t. Totally different ratio of solar energy per square meter by ranges making it in north Scandinavia virtually unusable
This post is about Finland. If fucking Finland has too much energy, then Sahara has too much energy for sure
You missed the point entirely. Finland has little to none solar energy. They have only wind and water energy. Same with most Nordic, Baltic and northern Poland. There is not enough solar energy provided by sun to make it affordable ( whole life cycle including utilization costs )
There is not enough solar energy provided by sun to make it affordable
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Typical per capita electricity consumption in developed economies is 6–12 megawatt-hours (MWh) per person [4]. This may double to around 20 MWh per capita [5] to accommodate electrification of most energy functions.
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The power and area of solar panels required to supply 20 MWh of electricity per capita per annum are 14 kilowatts (kW) and 70 m2, respectively, assuming an average capacity factor of 16% [7] and an array solar conversion efficiency of 20%.
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For ten billion people, this amounts to 140 TW and 0.7 million km2, respectively. This can be compared with the global land surface area of 150 million km2 and the area devoted to agriculture of 50 million km2 [8].
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The simple calculation above shows that the world has sufficient land area to provide energy from solar PV for ten billion affluent people.
https://www.mdpi.com/2673-9941/3/3/23
TL; DR; full solar electrification with current technology for 10 billion affluent people is possible if we dedicated less than 2% of the real estate currently in use by global agriculture to electricity production
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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.
