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Australia struggling with oversupply of solar power (www.abc.net.au)

submitted 3 weeks ago by misk@sopuli.xyz to c/technology@lemmy.world

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[–] GiddyGap@lemm.ee 17 points 3 weeks ago (1 children)

"Struggling"

[–] UnderpantsWeevil@lemmy.world 16 points 3 weeks ago

We have so much solar power that we can no longer efficiently profit off of it. We would either need to reduce the margins we make on electricity or destroy our stock of solar capital to reinflate the price of energy.

What to do... what to do...