"Negative rates are a signal, and effect all base load (coal, nuclear, hydro, etc) equally. I don't see how sending proper market signals are a bad thing."
But those market signals are not sent to the solar installations. i.e. if you produce a lot of power when it is sunny and there is a glut, the owner of the panel typically still get the same rebate.
If we sent proper market signals to renewable energy providers it would indeed be a good thing.
> But those market signals are not sent to the solar installations. i.e. if you produce a lot of power when it is sunny and there is a glut, the owner of the panel typically still get the same rebate.
> If we sent proper market signals to renewable energy providers it would indeed be a good thing.
Of course those signals aren't sent to solar installations; we value their output over that of coal plants, and their output is clean regardless of when its produced. We do send those signals to wind farms, which must curtail their output when insufficient demand exists.
In time, as more renewables come online, stationary utility storage (battery cargo containers), and fossil fuels are deprecated, the problem solves itself.
But those market signals are not sent to the solar installations. i.e. if you produce a lot of power when it is sunny and there is a glut, the owner of the panel typically still get the same rebate.
If we sent proper market signals to renewable energy providers it would indeed be a good thing.