If they’re paying you to take the power, does anyone have resistors to convert all the 200 or 400KW the power company is willing to give you into heat? 400kw40 cents1hour=160 euro/day.
EDIT: after reading the rest of the comments OP added that these prices include their 20 cents/kwh fee.
One thing to note, these spot prices are the price before any fees, your network fees and all that are per kWh and usually more than the negative sum the electricity price goes to.
(probably in this case though -38 cents is a lot)
Negative prices usually only truly exist for enterprise customers that pay 1/5 of the consumer network fees.
If prices are negative, then all fossil fuel power generation that can be turned off has already been turned off. So you are not helping global warming by consuming the power.
If you were already going to use the heat later in the day when fossil fuels are burning again, then whatever you can do to reduce that future consumption, through storing some thermal heat produced now, can still reduce that fossil fuel consumption overall. Water heaters, warming any living spaces that might need to be heated at night, etc.
It doesn’t even have to be efficient when prices are literally negative. All it has to do is be somewhat effective at reducing later consumption.
Looks like a good time to have a battery!
If they’re paying you to take the power, does anyone have resistors to convert all the 200 or 400KW the power company is willing to give you into heat? 400kw40 cents1hour=160 euro/day.
EDIT: after reading the rest of the comments OP added that these prices include their 20 cents/kwh fee.
One thing to note, these spot prices are the price before any fees, your network fees and all that are per kWh and usually more than the negative sum the electricity price goes to. (probably in this case though -38 cents is a lot)
Negative prices usually only truly exist for enterprise customers that pay 1/5 of the consumer network fees.
Well, it doesn’t stay at that rate for a full 24 hours. You’d have to just do it whenever the price is negative.
Correct, I calculated if it was just 1 hour per day.
Nice, I missed that
Basically 40 space hearers
Do your part to help global warming!
If prices are negative, then all fossil fuel power generation that can be turned off has already been turned off. So you are not helping global warming by consuming the power.
If you were already going to use the heat later in the day when fossil fuels are burning again, then whatever you can do to reduce that future consumption, through storing some thermal heat produced now, can still reduce that fossil fuel consumption overall. Water heaters, warming any living spaces that might need to be heated at night, etc.
It doesn’t even have to be efficient when prices are literally negative. All it has to do is be somewhat effective at reducing later consumption.
Huge freezer on max.