Xatolos@reddthat.com to World News@lemmy.worldEnglish · 7 months agoGermany has too many solar panels, and it's pushed energy prices into negative territorymarkets.businessinsider.comexternal-linkmessage-square201fedilinkarrow-up1515arrow-down143
arrow-up1472arrow-down1external-linkGermany has too many solar panels, and it's pushed energy prices into negative territorymarkets.businessinsider.comXatolos@reddthat.com to World News@lemmy.worldEnglish · 7 months agomessage-square201fedilink
minus-squareMaple Engineer@lemmy.worldlinkfedilinkEnglisharrow-up56arrow-down4·7 months agoThis is why the US is working so hard to stop renewables. Rich people don’t make any money when power is free.
minus-squaredouglasg14b@lemmy.worldlinkfedilinkEnglisharrow-up4·7 months agoSure they do all they need to do is a bit a regulatory capture and free electricity for them means more profits while you continue to pay the same or higher prices.
This is why the US is working so hard to stop renewables. Rich people don’t make any money when power is free.
Sure they do all they need to do is a bit a regulatory capture and free electricity for them means more profits while you continue to pay the same or higher prices.