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   feld (feld@bikeshed.party)'s status on Friday, 07-Jul-2023 22:53:48 JST feld
   Big brain shit 🧠 💩
   • Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
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     feld (feld@bikeshed.party)'s status on Friday, 07-Jul-2023 22:59:32 JST feld

     in reply to

     • Doma
     AIUI solar panels are rated up to like 65C and they only lose efficiency, not break. Do you have more information?
   • Embed this notice
     Doma (doma@varishangout.net)'s status on Friday, 07-Jul-2023 22:59:33 JST Doma

     in reply to
     @feld no, wtf is he on about, the main problem with them is that they brake if they get slightly too hot
   • Embed this notice
     feld (feld@bikeshed.party)'s status on Saturday, 08-Jul-2023 07:18:36 JST feld

     in reply to

     • Ignas Kiela
     But this is literally what Bitcoin is solving
     
     Bitcoin mining == buyer of last resort for electricity when these events happen, plus they keep the base load high enough that it may never actually go negative
   • Embed this notice
     Ignas Kiela (ignaloidas@not.acu.lt)'s status on Saturday, 08-Jul-2023 07:18:37 JST Ignas Kiela

     in reply to

     @feld@bikeshed.party tbh it is a problem, if the energy price goes negative, that means nobody wants it, and you essentially just have to shut down your solar panels if you didn't manage to sell all of your energy, and your investment on the panels has no returns.
     
     And usually it still costs something to consumers, since transmission prices don't go down during that time, and actually even might go up as transmission network might get maxed out on power, and consumers can start competing for electricity.
     
     Now, the solution to the problem is building more balancing infrastructure, and close to the solar panels if possible, but that's either expensive battery farms, or very location dependent pumped storage plants. Moving more consumers to dynamic (by hour) plans to make them more aware of energy pricing and as such trying to move/create demand to try to better match the supply can help as well.

   • Embed this notice
     feld (feld@bikeshed.party)'s status on Saturday, 08-Jul-2023 07:19:31 JST feld

     in reply to

     • Looming
     yeah it happens
     
     we had negative prices on oil not long ago too!
     
     https://archive.is/g2zCW
   • Embed this notice
     Looming (looming@freespeechextremist.com)'s status on Saturday, 08-Jul-2023 07:19:32 JST Looming

     in reply to
     @feld wait
     
     Negative prices?
   • Embed this notice
     Ignas Kiela (ignaloidas@not.acu.lt)'s status on Saturday, 08-Jul-2023 23:03:28 JST Ignas Kiela

     in reply to

     @feld@bikeshed.party my problem with that excess energy dump, is that if it gets deployed widely enough, the floor of electricity prices essentially gets tied with the prices of cryptocurrencies, and honestly, they are way too unstable in their pricing, so much so that the instability would likely adversely impact most people. Energy price spikes are really not that fun to deal with (👋 from where electricity price spiked to 0.62€/kWh for an hour, together with general price rises overall), and coupling that with the potential explosive growth of cryptocurrencies (what was the last big BTC growth, 10x or so?), it would have the ability to fuck with the energy markets to some insane amounts.
     
     Now, what I'd really would like to see, is a batch job server provider, that would change pricing every hour depending on the electricity prices, and you could ask them to run some batch jobs at a set price, and they'd run it at the time that they can do it for the price. Would help kinda in the same way as bitcoin energy dump, but for actually useful computations.