A system of disturbing goods and services that can’t handle negative value is not a system that should be maintained. Our collect pursuit as a species should be the abundance of these things, not the artificially managed scarcity of them.
Problems for Capitalism are Solutions for Humanity
Capitalism has always been the problem, nothing new here.
I would post that passage from Grapes of Wrath about oranges. But copy-paste doesn’t work on my phone
I got you.
The works of the roots of the vines, of the trees, must be destroyed to keep up the price, and this is the saddest, bitterest thing of all. Carloads of oranges dumped on the ground. The people came for miles to take the fruit, but this could not be. How would they buy oranges at twenty cents a dozen if they could drive out and pick them up? And men with hoses squirt kerosene on the oranges, and they are angry at the crime, angry at the people who have come to take the fruit. A million people hungry, needing the fruit- and kerosene sprayed over the golden mountains. And the smell of rot fills the country. Burn coffee for fuel in the ships. Burn corn to keep warm, it makes a hot fire. Dump potatoes in the rivers and place guards along the banks to keep the hungry people from fishing them out. Slaughter the pigs and bury them, and let the putrescence drip down into the earth.
There is a crime here that goes beyond denunciation. There is a sorrow here that weeping cannot symbolize. There is a failure here that topples all our success. The fertile earth, the straight tree rows, the sturdy trunks, and the ripe fruit. And children dying of pellagra must die because a profit cannot be taken from an orange. And coroners must fill in the certificate- died of malnutrition- because the food must rot, must be forced to rot. The people come with nets to fish for potatoes in the river, and the guards hold them back; they come in rattling cars to get the dumped oranges, but the kerosene is sprayed. And they stand still and watch the potatoes float by, listen to the screaming pigs being killed in a ditch and covered with quick-lime, watch the mountains of oranges slop down to a putrefying ooze; and in the eyes of the people there is the failure; and in the eyes of the hungry there is a growing wrath. In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage.
Thanks. I love this quote. But it pisses me off so bad
Capitalism makes abundance problematic.
oh no the power is too cheap. God forbid our trillions of tax dollars go to something actually useful and good for the people oh well looks like we will get the F-47 instead and pay it to private military contracts 😂
We need more military! Cut social security!
The question comes down to this. How do you incentivize work other than with money?
The same way arts and crafts were invented - humans want to do things whenever they aren’t stressed out of their minds.
Wasn’t there a town in China that produced such a glut of surplus electricity that they didn’t know what to do with it? And it was 100% solar?
I guess the biggest bottleneck for renewables is energy storage.
Pretty much. Once we got that covered there is no excuse anymore.
It’s basically solved. Sodium batteries are cheaper and much more durable than lithium batteries, and are currently being commercialized. Their only downside is that they are heavier, but that does not matter for grid-scale storage.
I remember reading about those. Sodium batteries are revolutionary. They don’t need a rare earth mineral… sodium is friggen everywhere.
The answer is batteries. And dismantling capitalism, but batteries first
Nah, lets squash capitalism first.
Not saying we shouldn’t do both, but in reality waiting to destroy capitalism before fixing the grid just means you have too much theory and not enough praxis.
It’s funny how capitalist apologists in this thread attack the format of a tweet and people not reading the actual article, when they clearly haven’t read the original article.
Negative prices are only mentioned in passing, as a very rare phenomenon, while most of it is dedicated to value deflation of energy (mentioned 4 times), aka private sector investors not earning enough profits to justify expanding the grid. Basically a cautionary tale of leaving such a critical component of society up to a privatized market.
Without reading the article, I could already see what the problem was.
Unless you have capital to invest, you can’t expand or improve the power grid. That capital can either come from the gov’t–through taxation–or from private industry. If you, personally, have enough capital to do so, you can build a fully off-grid system, so that you aren’t dependent on anyone else. But then if shit happens, you also can’t get help from anyone else. (Also, most houses in urban areas do not have enough square feet of exposure to the sun to generate all of their own power.)
Fundamentally, this is a problem that can only be solved by regulation, and regulation is being gutted across the board in the US.
Ughh, no, negative prices aren’t some weird “capitalism” thing. When the grid gets over loaded with too much power it can hurt it. So negative prices means that there is too much power in the system that needs to go somewhere.
There are things you can do like batteries and pump water up a hill then let it be hydroelectric power at night.
But it doesn’t say “it can generate too much energy and damage infrastructure”, they said “it can drive the price down”. The words they chose aren’t, like, an accident waiting for someone to explain post-hoc. Like, absolutely we need storage for exactly the reason you say, but they are directly saying the issue is driving the price down, which is only an issue if your not able to imagine a way to create this infrastructure without profit motive.
this feels like someone just looking for an argument… having negative pricing is a problem, and yes there are solutions like hydro and battery… hopefully this encourages that infrastructure to be created!
Yep, and the cost difference between those times should make this very cost effective.
This is what the Cabal is doing !!
You can read the Technology Review article here discussing why this is problematic beyond a JPEG-artifacted screenshot of a snappy quip from a furry porn Twitter account that may or may not have read the article beyond the caption. We need solar power plants to reach net zero emissions, but even despite their decreasing costs and subsidies offered for them, developers are increasingly declining to build them because solar is so oversaturated at peak hours that it becomes worthless or less than worthless. The amount of energy pumped into the grid and the amount being used need to match to keep the grid at a stable ~60 Hz (or equivalent where you live, e.g. 50 Hz for the PAL region), so at some point you need to literally pay people money to take the electricity you’re producing to keep the grid stable or to somehow dump the energy before it makes its way onto the grid.
One of the major ways this problem is being offset is via storage so that the electricity can be distributed at a profit during off-peak production hours. Even if the government were to nationalize energy production and build their own solar farms (god, please), they would still run up against this same problem where it becomes unviable to keep building farms without the storage to accommodate them. At that point it becomes a problem not of profit but of “how much fossil fuel generation can we reduce per unit of currency spent?” and “are these farms redundant to each other?”.
This is framed through a capitalist lens, but in reality, it’s a pressing issue for solar production even if capitalism is removed from the picture entirely. At some point, solar production has to be in large part decoupled from solar distribution, or solar distribution becomes far too saturated in the middle of the day making putting resources toward its production nearly unviable.
In other words… Maybe 29 word Twitter captions aren’t a great way to discuss issues?
Nah, I see nothing wrong with an information diet composed of random people with no background sharing their pet conspiracy with 5 million people on TikTok that they learned from three minutes with ChatGPT, furry porn accounts clapping back on Twitter to an out-of-context 29-word quote from an MIT Technology Review article (reshared so many dozens of times that the quality has noticeably degraded), or a picture generated in a Russian disinformation farm showing a muscular Donald Trump rescuing crying orphans from drowning in Hurricane Helene while corrupt FEMA agents loot their houses.
God fucking help us.
America: …Nah, this is fine. In fact, let’s elect the platforms’ owner-influencers. scrolls happily
I’ve known about the issue with a lack of ways to store the energy produced for about 5 years now, does it seem like we’re making any steps in it recently? Also how does it work in a “green” fashion to produce all of the batteries necessary for that sorts of energy storage, I feel like that’s going to be one of the next discussions about how “pure” this method is.
Why not do something with all that power? In the past there were some projects where they pumped water upstream when there was too much power on the grid. Then on low energy times, the water was released making energy again. Or make hydrogen (I think it was hydrogen). Or do AI stuff
I also seen energie waste machines that basically use a lot of power to do nothing. Only the get rid of all that extra energy so the power grid won’t go down/burn.
Why not do something with all that power?
This is a relatively new problem, so it will take awhile for the market to respond to make industries optimized to take advantage of this.
I saw an article a few months ago (couldn’t find it quickly just now) about a small manufacturing company (metals maybe?) that set up shop specifically to run during the excess power events. So its starting to happen, but its not going to be a perfect fit. It means spending lots up front for infra, but only being able to use it a few hours a day cost effectively.
In the past there were some projects where they pumped water upstream when there was too much power on the grid. Then on low energy times, the water was released making energy again.
This is already done with pump hydro. But this needs existing hydroelectric infrastructure to take advantage of. Even then there are usually holding ponds upstream and they themselves have limited capacity.
Or make hydrogen (I think it was hydrogen).
This is being done too at small scales right now. There’s difficulties with it. Hydrogen really sucks to try store and transport. The H2 molecule is so small it leaks out through valves and gaskets that are fine for containing nearly all other gases and liquids. So this means the gear needed is hugely more expensive up front. What a few are doing is using the hydrogen to quickly make Ammonia (NH3), which is much easier to store and contain. However, the efforts doing this are still fairly small.
Or do AI stuff
AI aside, this is one place I haven’t seen develop yet. That being: cheaper compute costs during excess power events.
I suspect its the same problem for the manufacturing. It means spending money on expensive compute infrastructure but only able to use it during the excess power events. As in, the compute in place is already running flat out at full capacity all the time. There’s no spare hardware to use the excess power. If you had spare hardware, you’d add it to your fleet and run it 24/7 making more money.
We still have hydroelectric turbines that can reverse themselves to pump water to a higher elevation reservoir to store surplus energy. We call them pump-gens at my job. The problem is that, as nearby areas develop, that water gets reserved for other things, so they can’t pump it back up because it’s needed further downstream for irrigation or communities or whatever.
Great comments in here that understand the actual issues, instead of, ya’ know, the usual.
Something I haven’t seen in the thread: Can someone address the costs of keeping the infrastructure maintained? Free power sounds great, but it can never be free. Entire industries must be paid to manufacture pylons, wire, transformers, substations, all that. Then there are the well paid employees who are our boots on the ground. (Heroes to me!)
How is solar disrupting the infra costs?
The actual issue, as stated in the original article is value deflation, aka investors not making enough money to justify energy transition to a timeline where humanity still exists in 100 years. Decoupling the issue from the political and economic aspect is disingenuous at best.
