this post was submitted on 07 Feb 2025
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[–] poVoq@slrpnk.net 0 points 1 month ago* (last edited 1 month ago) (1 children)

I’ve worked as energy trader.

“It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

And yes, looking at the gas plants alone they are unprofitable to run, but they allow windfall profits from renewables if they run.

[–] iii@mander.xyz 2 points 1 month ago

You're incorrect in both your understanding of energy markets, and my paychecks.

but they allow windfall profits from renewables if they run

Again, you're basing this on the day-ahead market. A marginal market in terms of traded power volume.