Consumers In Germany Were Paid To Use Electricity This Holiday Season (inhabitat.com)
An anonymous reader quotes a report from Inhabitat: The cost of electricity in Germany has decreased so dramatically in the past few days that major consumers have actually been paid to use power from the grid. While "negative pricing" is not an everyday occurrence in the country, it does occur from time to time, as it did this holiday weekend. This gift to energy consumers is the result of hundreds of billions of dollars invested in renewable energy over the past two decades. This most recent period of negative pricing was a result from warm weather, strong breezes, and the low demand typical of people gathering together to celebrate. Germany's temporary energy surpluses are a result of both low demand and variably high supply. Wind power typically makes up 12 percent of Germany's power consumption on a daily basis. However, on windy days, that percentage can easily multiply several times the average. The older segment of Germany's energy portfolio, such as coal plants, are not able to lower output quickly enough. Thus, there is a glut of electricity. On Sunday, Christmas Eve, major energy consumers, such as factory owners, were being paid more than 50 euros (~$60) per megawatt-hour consumed. Further reading: The New York Times
Germans pay more for power than almost every other Western country. That fact was conveniently left out of the push piece in the submitted story.
Actually the conditions for coal cannot be repeated naturally. Coal formed before microbes evolved the ability to break down the hard cellulose of trees. This is long before terminates as well, which broke down trees in forests. Theoretically some coal can still form in the existing peat bogs, but new peat bogs cannot be formed either.
The grid most certainly is interconnected as Germany usually gets a substantial amount of electricity from the French. But France was probably also consuming little electricity on Christmas Eve. And the grid can only transfer so much electricity anyway.
Pumped hydro installations. They "buy" excess energy and then sell back into the grid when prices are high.
Which is where Tesla's coming in with their massive battery installations.
Batteries are very expensive for grid storage. A better option is to widen the grid, so a peak in one area can fill in a trough in other areas.