That massive spike of 50c/kWh at the left looks tiny compared to today even though that’s already insanely expensive

  • Critical_Insight@feddit.ukOP
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    10 months ago

    Tomorrow is back to normal. Even the 37c/kWh spike hardly registers on the graph compared to today even though that’s still pretty expensive.

    • viking@infosec.pub
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      10 months ago

      Are you actually paying the daily spot price? Not a flat amount with the utility provider taking the hit? That’s how I know it from any other country, unless you have a specific contract where the user made an informed decision to opt for market rates.

      • Hotzilla@sopuli.xyz
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        10 months ago

        Mainly the reason is that many countries do not have hourly capable meters, so calculating the price for each hour is not possible. Flat rate is needed when you just have the cumulative read once a month.

        In Finland the meters communicate automatically once a day, and send the 24h values to grid company. The next generation meters which are now installed can communicate once a hour.

        30% of Finns are on spot.

    • AggressivelyPassive@feddit.de
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      10 months ago

      40c/kWh is a pretty normal price here in Germany…

      Ironically, prices are high, because of too much extremely cheap renewables.