{"id":26474,"date":"2016-06-05T02:48:08","date_gmt":"2016-06-05T09:48:08","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/2016\/06\/chile-is-producing-so-much-solar-power-its-giving-it-away-for-free"},"modified":"2017-06-04T19:57:48","modified_gmt":"2017-06-05T02:57:48","slug":"chile-is-producing-so-much-solar-power-its-giving-it-away-for-free","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2016\/06\/chile-is-producing-so-much-solar-power-its-giving-it-away-for-free","title":{"rendered":"Chile is producing so much solar power, it\u2019s giving it away for free"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/chile-is-producing-so-much-solar-power-its-giving-it-away-for-free.jpg\"><\/a><\/p>\n<p>Market forces often produce strange quirks in the economic system, like the one we\u2019re seeing in Chile this year: the country is producing so much solar power that it\u2019s being sold for\u2026 nothing at all.<\/p>\n<p>While it\u2019s incredibly encouraging to see so much expansion in the country\u2019s renewable energy output, this huge amount of supply does actually cause problems for the companies looking to invest in solar energy.<\/p>\n<p>Solar capacity on Chile\u2019s central power grid (called SIC or Sistema Interconectado Central) has more than quadrupled over the past three years to <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-06-01\/chile-has-so-much-solar-energy-it-s-giving-it-away-for-free\">770 megawatts<\/a> \u2013 good news for the environment and customers paying their electricity bills.<\/p>\n<p><!-- Link: <a href=\"http:\/\/www.sciencealert.com\/chile-is-producing-so-much-solar-power-that-it-s-giving-it-away-for-free\">http:\/\/www.sciencealert.com\/chile-is-producing-so-much-solar...y-for-free<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market forces often produce strange quirks in the economic system, like the one we\u2019re seeing in Chile this year: the country is producing so much solar power that it\u2019s being sold for\u2026 nothing at all. While it\u2019s incredibly encouraging to see so much expansion in the country\u2019s renewable energy output, this huge amount of supply [\u2026]<\/p>\n","protected":false},"author":367,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,1633,17],"tags":[],"class_list":["post-26474","post","type-post","status-publish","format-standard","hentry","category-economics","category-solar-power","category-sustainability"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/26474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=26474"}],"version-history":[{"count":3,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/26474\/revisions"}],"predecessor-version":[{"id":67327,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/26474\/revisions\/67327"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=26474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=26474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=26474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}