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How much storage is needed for 100% renewables?

Energy Insiders - a RenewEconomy Podcast

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Is the Market Cap Lifted?

The administrative price cap is being lifted. Is this a good thing? Is it a bad thing that is just inevitable and we can't avoid? It's kind of interesting to see what's happening in Europe where they're looking at the gas price thinking, bloody hell, that's ridiculous. The pricing systems need to evolve and we need to think more about it, Charles. We don't worry about the price cap because, just don't worry, no one wants to be paying $15,000 a megawatt hour or $20,000 amegawatt hour. That is a sign that things have gone wrong when we hit that price threshold. But those limits and barriers exist.

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