California Is Showing How a Big State Can Power Itself Without Fossil Fuels | For part of almost every day this spring, the state produced more electricity than it needed from renewable sources.

https://slrpnk.net/post/10929157

California Is Showing How a Big State Can Power Itself Without Fossil Fuels | For part of almost every day this spring, the state produced more electricity than it needed from renewable sources. - SLRPNK

Archived copies of the article: archive.today [https://archive.ph/CCHQE] ghostarchive.org [https://ghostarchive.org/archive/CNZ5p] web.archive.org [https://web.archive.org/web/20240627165357/https://www.newyorker.com/news/daily-comment/california-is-showing-how-a-big-state-can-power-itself-without-fossil-fuels]

Yet they neutered solar for consumers with Nem3.
On the micro level ( a homeowner), I can absolutely understand 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.
Why do they need to combat that? A surplus from renewables is a good thing no?
Homeowners are wanting to be paid top dollar for what they produce when surpluses exist and prices for electricity can actually be negative. Where does that money come from to pay the homeowners to make them happy?
PG&E?
PG&E’s only source of revenue is ratepayers. Are you asking non-solar homeowners to pay more for solar homeowners for unneeded electricity?
Maybe instead of spending billions on stock buybacks they could pay for electricity.
Looks like the last stock buyback they did was in Dec of 2020. NEM2 was valid for new solar installs up until April 2023.
Energy storage costs money. A surplus for the noon hours every day doesn’t help anything.