[epithermal]

Huh? Green economics 101 - if you produce too much energy then prices go up

[hinckley buzzard]

Typical gubbermint boondoggle--now we will pay some greenie weenie outfit NOT to produce energy. Like the Dept of Agriculture paying farmers not to grow wheat.

[DBrow]

This would seem to be an opportunity for entrepreneurship. Where there is excess electrical energy, capture that energy in electrochemistry, hydrogen production, pumped storage, plating.

I agree with your take- if the supply goes up, costs should come dwn, not be artificially “stabilized” to protect some investment that was, probably, 90% tax funded anyway.

[TLI]

if you produce too much energy then prices go up

Apparently so.

If you are up to your eyeballs in crude oil and gasoline consumption is falling like a stone then of course we see the near record prices we have right now.

Everybody knows a overstocked product's price will go up, not down, right?

.

[BobL]

Paying wind energy producers when the wind isn’t blowing will help them become economical. Yea, right.