Post #2820798
2025-10-20 07:13 UTC
10. 'Power price cannibalization' for solar happens because solar plants in one area all generate at the same time. This means that they reduce the price of power at that time, “cannibalizing” their own revenues.
11. High solar penetration resulting in power price cannibalization also affects other power plants, but not as much as it affects solar, because solar plants generate most at times when solar is pushing the price down most. This will inhibit further solar build.
Replies (1)
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@solar_chase@mastodon.green 2025-10-20 07:14
12. This is already obvious in Spain, California, Australia and even Germany. Now that the global liquefied natural gas price hike related to Russia invading Ukraine in 2022 has eased, lower power prices drive solar developers to seek long-term contracts again.