• makingrain@lemm.ee
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    2
    ·
    5 days ago

    Norway regularly has very high energy prices… in fact, they’re so high they want to cut exports.

    The reason they’re high is because of the grid in other countries being hit by low wind or grey sky days, pushing up the minimum pricing that they’re also subjected to by being part of the same grid.

    • ArtikBanana@lemmy.dbzer0.comOP
      link
      fedilink
      English
      arrow-up
      2
      ·
      8 hours ago

      Seems to be a recent thing, as I was looking at data from Feb 2023, and unrelated to Norway’s use of renewables.

      Interesting article nonetheless.
      They should definitely cone to a different pricing agreement with Norway as to not negatively affect them.
      And it will be even less of a problem once those countries properly ramp up their installation of more renewables and storage.

      • makingrain@lemm.ee
        link
        fedilink
        English
        arrow-up
        2
        ·
        6 hours ago

        Upgrading the grid infrastucture is a massive undertaking in some countries.

        The UK grid is built around coal generation. With the shift to offshore wind away from population centres, new tranmission cables are required. Sadly there is excessive wind generation and suppliers are paid to shutdown. It is laughable.

        But yes, with more renewables it will improve.