this post was submitted on 11 Aug 2024
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Mildly Interesting

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Yesterday the price of electricity in Finland was negative 1.5 cents / kWh (lemm.ee)
submitted 3 months ago by Thorny_Insight@lemm.ee to c/mildlyinteresting@lemmy.world
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It's still not earning you money to spend electricity because you still have to pay the transfer fee which is around 6 cents / kWh but it's pretty damn cheap nevertheless, mostly because of the excess in wind energy.

Last winter because of a mistake it dropped down to negative 50 cents / kWh for few hours, averaging negative 20 cents for the entire day. People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.

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[–] JamesFire@lemmy.world 1 points 3 months ago (1 children)

Except the projects take decades, skyrocket in costs and get delayed for decades on top.

France is doing just fine with none of those issues.

[–] Tryptaminev@lemm.ee 0 points 2 months ago

https://www.euractiv.com/section/energy-environment/news/frances-edf-faces-uphill-battle-as-europes-demand-for-nuclear-reactors-grows/

The budget could increase by 70-90% compared to initial estimates, with commissioning delayed up to four to six years.

In France, the government plans to build six EPR – with a possibility of eight more – at an average cost of €52 billion. The first commissioning is scheduled for 2035.

However, according to Les Échos, the costs have already been revised upwards by 30%. When for a comment, EDF CEO Luc Rémont “would not confirm any figures.”