I didn't see anything in the article at all regarding speculation or futures markets of electricity with the one exception being a mention of some industrial operators signing long term contracts to buy oversupply.
Can you refer me to the section of the article you're responding to?
This is just further spelling out the case for energy storage. It seems like there would be tons of profit potential for just running a grid scale battery storage facility plant- if you can charge at negative wholesale and sell at peak, then you would not only stand to make a profit, but you’d help even out the problem.
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It means that electricity shouldn't be treated as a good you can speculate on.
I didn't see anything in the article at all regarding speculation or futures markets of electricity with the one exception being a mention of some industrial operators signing long term contracts to buy oversupply.
Can you refer me to the section of the article you're responding to?
This is just further spelling out the case for energy storage. It seems like there would be tons of profit potential for just running a grid scale battery storage facility plant- if you can charge at negative wholesale and sell at peak, then you would not only stand to make a profit, but you’d help even out the problem.
For sure. I'm expecting that even with significant storage, a cost-optimal system will still need to curtail generation some of the time though.