That isn't why in the slightest. It isn't about the number of alternatives, it's entirely to do with the cost of producing electricity for the different alternatives.
When there's plenty of wind, then wind power is obviously cheap. Sometimes running into the negative, as in: we get paid to use it.
This causes _everyone_ to lose money.
When there's no wind in large areas, industry power draw (which is most of it by a wide margin), means that something else has to produce the missing energy. If too little electrical energy is produced, the entire grid breaks down, so there's a scuttle to either disconnect sub-nets or add more production.
The production that is added is more expensive. This sets the market price.
hurril|2 years ago
Re-read.
That isn't why in the slightest. It isn't about the number of alternatives, it's entirely to do with the cost of producing electricity for the different alternatives.
When there's plenty of wind, then wind power is obviously cheap. Sometimes running into the negative, as in: we get paid to use it.
This causes _everyone_ to lose money.
When there's no wind in large areas, industry power draw (which is most of it by a wide margin), means that something else has to produce the missing energy. If too little electrical energy is produced, the entire grid breaks down, so there's a scuttle to either disconnect sub-nets or add more production.
The production that is added is more expensive. This sets the market price.