France's EDF to test 'dynamic' electricity pricing
Briefly

France's EDF to test 'dynamic' electricity pricing
"The programme will see these households offered discounted rates during periods when electricity supply in France exceeds demand. Details of the pricing structures and associated periods have not yet been revealed."
"Rather than cutting renewable power to reduce strain on the grid, the plan is to encourage users to use as much of this available energy as possible."
"The grid may be strained because there is too much energy available, so prices plummet, or even go negative. It would be a shame to cut off production we would have had anyway, so it is beneficial to encourage consumption."
EDF has been authorized to pilot dynamic tariffs for 6,600 households to encourage energy consumption based on electricity generation. The pilot will start on October 1st and last for one year. Selected households will receive discounted rates when electricity supply exceeds demand. The final bill for participants cannot exceed their standard plan costs. This initiative aims to utilize excess renewable energy from solar and wind production, encouraging users to operate appliances during peak renewable generation times.
Read at The Local France
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