this post was submitted on 11 Aug 2024
844 points (99.1% liked)

Mildly Interesting

17442 readers
490 users here now

This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.

This is obviously an objective criteria, so the mods are always right. Or maybe mildly right? Ahh.. what do we know?

Just post some stuff and don't spam.

founded 1 year ago
MODERATORS
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] vanontom@lemmy.world 3 points 3 months ago

Good info, thanks. Generally, that's what I would expect from any area owned by the oil and gas industry (and/or just exceptionally corrupt). Kind of surprised that California still doesn't have more progressive energy policies. And allows PG&E to regularly embarrass the state.