I love that lobby for small and medium sized businesses is BVMW. For big businesses it must be either BMW or VW for sure. But yeah. This whole situation is a debacle in my opinion. What’s next, air tax to discourage people from using electricity on most polluted days to save on coal?
Stabile_Feldmaus on
Typical Telegraph Fake News.
It’s called “dynamic electricity contract” and means that the price you pay follows the market price. The idea is that you can use energy-heavy devices when electricity is cheap.
Now the government plan is to make it compulsory for electricity providers to offer those contracts to their customers. _But you are not forced to take that offer_ (This seems to be necessary since not all providers offer it to their customers, probably because they can make less money)
labegaw on
This is what you get when your economy minister is a writer/academic/professional politician who never worked a day in the real economy; and is surrounded with people with similar backgrounds and deeply, fanatically, ideological.
These people are good at manipulating feelings, at building narratives; and as long as people keep voting with their feelings and “vibes” instead of voting with their heads, we’ll keep getting policies like this (for now, this one will probably get enough pushback that it won’t be implemented, but sooner or later they’ll get it).
asphias on
This is the reality of our sustainable energy future. Electricity is no longer going to be the same price 24/7. Instead, we’re going to have long times when due to massive overproduction elecricity will be cheaper than it’s ever been. And low power times when electricity will be slightly more expensive.
Luckily, economics and the free market will work wonders to solve this problem. Anyone capable of changing peak load times will gladly do so with this economic incentive. Anyone capable of storing energy will gladly be paid for their services.
This is not some impossible to solve problem. But we do require a price differentation for the free market to do it’s work.
Ordinary-Bluebird-56 on
Alternative headline: ”German businesses dismiss ‘crazy’ plan to charge less for electricity on sunny days”
ruphusroger on
If you want to reduce carbon emission in the energy sector time-variable prices are the way to go. It is simple economics 101. Supply and demand dictate the price. Anyone trying to stick to the legacy same price 24/7 either doesn’t care what we do to the environment (equals no physical education) or doesn’t get how economics work (equals no economical education).
The German Minister for economics knows both very well. Eventhough I don’t agree with his party’s politics, people blaming him here, are blatantly stupid and obviously uneducated. They are using the same popoulism, they’d criticise in other situations.
tornado28 on
While individual consumers benefit from stable energy prices, it’s worth noting that there are significant benefits if parts of the economy adopt market prices. When it’s sunny there’s a lot of surplus energy, and when it’s cloudy, cutting energy use means we don’t need to fire up a dirty coal plant. Things like changing EVs and some aspects, (especially the more automated ones) of manufacturing can be done opportunistically, and if these things start to follow the energy availability it’ll make energy cheaper and greener.
Moldoteck on
Germany: shuts down 6 nuclear power plants that provided reliable energy
Also Germany: replaces them with solar that generates about the same but unreliably
Also Germany: from now on you must pay more on cloudy days and in winter, so that we use less fossils like in 2021!
Mastermind truly!
Broccobillo on
I didn’t know Germany’s coal power plants relied on the sun.
10 commenti
I love that lobby for small and medium sized businesses is BVMW. For big businesses it must be either BMW or VW for sure. But yeah. This whole situation is a debacle in my opinion. What’s next, air tax to discourage people from using electricity on most polluted days to save on coal?
Typical Telegraph Fake News.
It’s called “dynamic electricity contract” and means that the price you pay follows the market price. The idea is that you can use energy-heavy devices when electricity is cheap.
Now the government plan is to make it compulsory for electricity providers to offer those contracts to their customers. _But you are not forced to take that offer_ (This seems to be necessary since not all providers offer it to their customers, probably because they can make less money)
This is what you get when your economy minister is a writer/academic/professional politician who never worked a day in the real economy; and is surrounded with people with similar backgrounds and deeply, fanatically, ideological.
These people are good at manipulating feelings, at building narratives; and as long as people keep voting with their feelings and “vibes” instead of voting with their heads, we’ll keep getting policies like this (for now, this one will probably get enough pushback that it won’t be implemented, but sooner or later they’ll get it).
This is the reality of our sustainable energy future. Electricity is no longer going to be the same price 24/7. Instead, we’re going to have long times when due to massive overproduction elecricity will be cheaper than it’s ever been. And low power times when electricity will be slightly more expensive.
Luckily, economics and the free market will work wonders to solve this problem. Anyone capable of changing peak load times will gladly do so with this economic incentive. Anyone capable of storing energy will gladly be paid for their services.
This is not some impossible to solve problem. But we do require a price differentation for the free market to do it’s work.
Alternative headline: ”German businesses dismiss ‘crazy’ plan to charge less for electricity on sunny days”
If you want to reduce carbon emission in the energy sector time-variable prices are the way to go. It is simple economics 101. Supply and demand dictate the price. Anyone trying to stick to the legacy same price 24/7 either doesn’t care what we do to the environment (equals no physical education) or doesn’t get how economics work (equals no economical education).
The German Minister for economics knows both very well. Eventhough I don’t agree with his party’s politics, people blaming him here, are blatantly stupid and obviously uneducated. They are using the same popoulism, they’d criticise in other situations.
While individual consumers benefit from stable energy prices, it’s worth noting that there are significant benefits if parts of the economy adopt market prices. When it’s sunny there’s a lot of surplus energy, and when it’s cloudy, cutting energy use means we don’t need to fire up a dirty coal plant. Things like changing EVs and some aspects, (especially the more automated ones) of manufacturing can be done opportunistically, and if these things start to follow the energy availability it’ll make energy cheaper and greener.
Germany: shuts down 6 nuclear power plants that provided reliable energy
Also Germany: replaces them with solar that generates about the same but unreliably
Also Germany: from now on you must pay more on cloudy days and in winter, so that we use less fossils like in 2021!
Mastermind truly!
I didn’t know Germany’s coal power plants relied on the sun.
In the netherlands we already have this