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Rooftop solar panels are flooding California’s grid. That’s a problem. As electricity prices go negative, the Golden State is struggling to offload a glut of solar power (wapo.st)

submitted 6 months ago* (last edited 6 months ago) by [email protected] to c/[email protected]

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I'll note that right now, this is a seasonal issue, associated with moderate springtime temperatures when there is a lot of sunshine available.

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[–] [email protected] 2 points 6 months ago (2 children)

Yep, this is sadly a physical problem in the essence, not created virtually by capitalist economy. The negative price is just how the capitalist economy reacts at it.

[–] [email protected] 2 points 6 months ago

It is though. The entire reason we're still using obsolete inflexible technology is capitalism. Might not be able to buy that 4th yacht if we pay to upgrade our LNG plant.

[–] [email protected] 2 points 6 months ago

glad mine was a helpful comment and thanks for your further comment adding detail :) was getting down over all the misunderstanding going on in the comments. cheers!