California Is Showing How a Big State Can Power Itself Without Fossil Fuels
www.newyorker.com
For part of almost every day this spring, the state produced more electricity than it needed from renewable sources.
  • @redeyejedi
    9•5 months ago

    Yet they neutered solar for consumers with Nem3.

    • partial_accumen
      3•5 months ago

      On the micro level ( a homeowner), I can absolutely understand the anger and disappointment about the retirement of NEM2 and the adoption of NEM3. At the macro level, whats the other option? The article itself touches on this that more power is being produced than is needed at certain times. That’s the time that NEM3 it working to combat.

        • partial_accumen
          6•5 months ago

          Solar homeowners are wanting to be paid top dollar for what they produce when surpluses exist when prices for electricity can actually be negative during those times. There is too much supply at that moment, and not enough consumption. This is what NEM1 and NEM2 allow, and what NEM3 tries to address. Where does that money come from to pay the homeowners to make them happy?

            • partial_accumen
              2•5 months ago

              PG&E’s only source of revenue is ratepayers. Are you asking non-solar homeowners to pay more for solar homeowners for unneeded electricity?

              • @HeyThisIsntTheYMCAEnglish
                5•5 months ago

                Maybe instead of spending billions on stock buybacks they could pay for electricity.

                • partial_accumen
                  1•5 months ago

                  Looks like the last stock buyback they did was in Dec of 2020. NEM2 was valid for new solar installs up until April 2023.