YouJustDidAReddit [none/use name] to

news • 2 years ago

Time to Blow Up Electricity Markets | by Yanis Varoufakis - Project Syndicate

13

Time to Blow Up Electricity Markets | by Yanis Varoufakis - Project Syndicate

YouJustDidAReddit [none/use name] to

news • 2 years ago

Yanis Varoufakis explains why Europe’s embrace of marginal-cost pricing was a bad idea in theory and even worse in practice.

Good article on the crumbling state of the neoliberal EU power markets.

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zifnab25 [he/him, any]
·
2 years ago
Going to produce electricity for $0.01-$0.02/kwh via land-based wind turbine and sell it for $.33/kwh in Brussels, because that's the marginal-cost of natural gas right now.

Fucking genius.

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