this post was submitted on 17 May 2026
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What this means is that wholesale price doesn't drop until gas -burning power plants are not being used. So it takes quite high renewables+ battery deployment to lowe wholesale price.

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[–] MasterBlaster@lemmy.world 1 points 4 days ago

Yes, I know. Like I said, "can't" do the math expected of their employees for their work. Theare able to measure the kilowats going into millions of homes, but can't measure the kilowatts they consume. So they get potentially 90% of the electricity dirt cheep, but charge everybody as if they paid the highest price on the market for all of it.