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Originally Posted by Frequitude
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Unfortunately no. That’s the ironic thing about wind/solar producing “free energy”….they bid zero in the market. So while we will end up with a lot of zero dolar hours, that also leaves much fewer hours for the capitally-intensive-to-build-and-abate firm backup thermal to recover enough money to recover their capital. Squish that desired return into fewer hours and what are you left with…higher prices in those hours. Those clean thermal plants will cost 10's of billions to build. They need to be paid for somehow.
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So is this more an issue with how our energy market is setup, rather than what could be achieved with wise legislation? Sounds like fixing issues to incentivize using green energy when it is available would make more sense than how it is worknig now. Or is it a fundamental problem that can't be fixed just by tinkering with rules?