Between batteries, wind, demand response, EVs etc. that slowdown doesn't seem likely to happen.
And the lure of cheaper energy expands solar out horizontally to new markets, speeding up global decarbonisation.
Between batteries, wind, demand response, EVs etc. that slowdown doesn't seem likely to happen.
And the lure of cheaper energy expands solar out horizontally to new markets, speeding up global decarbonisation.
For example a decade ago electricity prices in Nord Pool were relatively stable (and reasonable/lowish). Now it is quite common to either have 0 or even negative prices during summer and artificially set maximums in the autumn/winter. IIRC, the rules were that if the price hit 60% of the maximum, it had to be raised by 1000 €/MWh. It got to 4000 €/MWh (which is 4 € or $4.7/kWh) in 2022 and was supposed to be raised by another 1000, but it was decided not to do it, so I think it stands there right now. But in any case, this is a ridiculous price. As are the negative ones.