Aug
02
2018

The Long Shadow of Negative Pricing

 

Top Takeaways:

Renewable energy plays a valuable role in the nation’s generation mix. But when renewable energy flows into the wholesale market at prices below zero, the generation mix is distorted over the long haul. There really is no such thing as “free electricity.”

Like many people, I love free stuff. Tote bags and coffee go-cups top my list of free energy conference swag. So, I can understand why renewable energy enthusiasts enjoy discussing “negative pricing” and the benefits for consumers’ electricity bills. Some trumpet “free electricity” in a manner that calls to mind cell phone advertising.

However,