In Germany there is a discussion going on about a stock exchange price for electricity. Ie cheaper price during overproduction and higher price during high demand. Then you don’t need solar to benefit from everyone else having solar. Then you could e.g. “just” fill up a local battery with cheap electricity and use it when power is expensive.
You don’t have rates like that? In Austria you can just get a rate that will charge the 15 minute spot market price. That can be even negative during the day, but then also might be quite high at other periods.
That would be a solution. Public trading of energy by power companies throughout the day has existed for decades (see e.g. EPEX spot). It’s just a matter of exposing these dynamic prices to consumers. This already exists in the Netherlands.
In the US, some of us already have dynamic pricing options available, and they end up with thousand dollar power bills sometimes, because this is America!
In Germany there is a discussion going on about a stock exchange price for electricity. Ie cheaper price during overproduction and higher price during high demand. Then you don’t need solar to benefit from everyone else having solar. Then you could e.g. “just” fill up a local battery with cheap electricity and use it when power is expensive.
You don’t have rates like that? In Austria you can just get a rate that will charge the 15 minute spot market price. That can be even negative during the day, but then also might be quite high at other periods.
That would be a solution. Public trading of energy by power companies throughout the day has existed for decades (see e.g. EPEX spot). It’s just a matter of exposing these dynamic prices to consumers. This already exists in the Netherlands.
In the US, some of us already have dynamic pricing options available, and they end up with thousand dollar power bills sometimes, because this is America!