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Comment by stymaar

Unfortunately, the article misses the forest for the tree: it points the shortcomings of one particular electricity market model, but never acknowledge that the whole endeavor is doomed to fail: the way electricity works physically (coupled with the way societies have been built around it being readily available) makes it fundamentally impossible to manage through market forces. And as a result, every attempt results in an apparently nonsensical failure (see also how the European electricity market's "copper plate" model leads to the insanely high re-dispach costs).
parent stymaar 2 months ago

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