• @Wanderer@lemm.ee
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    -22 months ago

    Isn’t it tonnes of different people, farmers and such. Too many for a cartel to form. Reducing supply is just going to mean to make less money.

    Batteries are making the grid a lot more elastic.

    • @UnderpantsWeevil@lemmy.world
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      52 months ago

      Isn’t it tonnes of different people, farmers and such.

      Farmers and such are not selling power on the Texas wholesale electric grid, no.

      Reducing supply is just going to mean to make less money.

      Because fossil fuel supplies are limited, you can often make more money selling a small amount onto the market at a high price than a large amount onto the market at a low price.