alt Hacker NewsDenmark is a poor location for solar. They are pretty far north and don't have a lot of sunny days that are good for solar generation. When they do, those peaks drive energy prices negative. From the article: Over the next 10 years, the official expectation is a very large rise in the amount of solar produced. But that kind of clashes with the reality on the ground – they can’t make money
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from the article which uses intentionally deceptive photography angles to paint a very different picture, yes
more interesting is, if that is actually true. Or only true because idk. the investors also bought the land and they profits are used to amortize the land buying cost etc.
That's a terrible argument on the face of it. "They can't make any energy, but also they make so much energy they can't use it all".
I actually live in Denmark, and we can produce solar energy just fine. My dad installed rooftop solar 10 years ago, and that thing has 90% of his electricity usage since then. It's still producing at around 85% capacity too.
Far north places have long summer days. This doesn't align well with the winter heating needs but it does balance really well with wind generation which peaks in winter.