this post was submitted on 24 May 2024
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[โ€“] Shanedino@lemmy.world 1 points 6 months ago (1 children)

Won't energy storage help drive prices back up too?

[โ€“] fr0g@feddit.de 1 points 6 months ago* (last edited 6 months ago)

I guess that depends. If the costs to invest in storage is cheaper long term than losing money from excess energy, then energy companies would lose less money and thus could offer cheaper prices. But it would definitely help decrease or get rid of negative prices.