> In this model, the price of electricity is set by the most expensive source needed to meet demand at any given time. Often, this is gas-fired power plants. Even if cheaper renewable sources like wind and solar are supplying a significant portion of electricity, the overall market price is influenced by the cost of gas.
If you don't cover 100% of the current power usage from batteries, the price will be price of gas plants.
The gas plants could be 1% of given moment, yet still set price
> In this model, the price of electricity is set by the most expensive source needed to meet demand at any given time. Often, this is gas-fired power plants. Even if cheaper renewable sources like wind and solar are supplying a significant portion of electricity, the overall market price is influenced by the cost of gas.
If you don't cover 100% of the current power usage from batteries, the price will be price of gas plants.
The gas plants could be 1% of given moment, yet still set price