I'm not sure if that is an open link.
The EU is drowning in electricity! They are generating 44% of their power needs with renewables, twice that of the US. Some countries (i.e. Norway) are virtually 100% renewables---with a big boost from hydro in their case.Electricity That Costs Nothing—or Even Less? It’s Happening More and More
A surge in wind and solar power means many businesses and consumers around Europe can get paid for plugging in. The U.S. could be next.
It is s very interesting article. One engineer, who calls himself a green nerd, gets paid to charge his two Teslas at night when wind power exceeds the needs.
Wholesale prices swing wildly each hour of the day, and even more so as a larger share of electricity flows from wind and solar installations. Because the generation costs of wind or solar farms are negligible, market prices will be near zero when there is enough renewable power to cover most of a region’s electricity demand.
Electricity market dynamics get weirder when renewable-energy producers don’t have an incentive to stop feeding power into the grid, usually because of government subsidies. Then grids can be flooded with excess power, pushing prices into negative territory.
Van Diesen said he’s made 30 euros, equivalent to around $34, over the past five months charging his car, enough to cover the service fee from his power supplier, a Norwegian company called Tibber.
“I’m charging the car for free,” said van Diesen, who is part of a group of clean-energy enthusiasts in the Netherlands who call themselves green nerds. “To me it’s also like a hobby and a game—how far can I go?”
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...Ben
