Yesterday the price of electricity in Finland was negative 1.5 cents / kWh
Yesterday the price of electricity in Finland was negative 1.5 cents / kWh
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're viewing a single thread.
It might be cheap now, but I'm fearing the December - February i.e. the coldest part of the year when the price can get salty. Especially when/if the OL3 (or any other) plant trips offline, the price will bump up a lot.
The good part of having excess eletricity is that doing a "electric-kettle" district heating becomes feasible. So instead of reducing the (windmill) production, it makes sense to dump the excess generation capacity into district-heating. (which has large capacity to store the heat)