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World News@lemmy.worldEnglish · 6 months ago

Germany has too many solar panels, and it's pushed energy prices into negative territory

markets.businessinsider.com

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Germany has too many solar panels, and it's pushed energy prices into negative territory

markets.businessinsider.com

Xatolos@reddthat.com to

World News@lemmy.worldEnglish · 6 months ago

Germany has installed a record number of solar panels. But consumers aren't starting to use them fast enough.

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6 months ago

Sure, we don’t have 100% efficient energy storage, but we certainly have technology that does the job.

We only need about 40% overall efficiency to beat the theoretical limit of fossil fuel counterparts.

( <40% car engine, ≈40% power station )

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