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Chile gives away free electricity, reflecting global struggle toward sustainability

2016-06-05 17:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: Chiles solar power generation has exploded in recent years, to such an extent that it has been providing customers with electricity for free. In parts of the country, according to a Bloomberg report, spot prices plummeted to zero on 113 days in the first four months of this year, on track to smash last years total of 192 days. While this is a boon for consumers, it is clearly an unsustainable model for the power industry. As Chile grapples with some unique circumstances, the struggle also...

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Category:Electronics and Electrical

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