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Germany has too many solar panels, and it's pushed energy prices into negative territory
(markets.businessinsider.com)
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this post was submitted on 24 May 2024
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This is a clear social good.
If it threatens economic hardship on solar power producers then it'd be extremely rational for the government to subsidize those companies.
If the problem is that energy is too cheap, then the power grid should be entirely nationalized. We don't need to prop up their profits.
I'm all for nationalization[1] but Germany hasn't indicated that's a direction they'd like to go in - it'd be absolutely terrible if this clear good ended up collapsing the green energy market and forcing a nove back to fossil fuels though.
It's just a question of shifting load. As electric cars become more common you could program the residential and parking chargers to only charge when electricity is free and stuff like that.