As the duck curve grows steeper there is less and less of a market for baseload power. 🦆 ⚛ 🏭

Coal traditionally had one advantage – cheap power at a constant output. But electricity is virtually worthless or even a waste product in some cases in Germany in the early morning hours due to a surplus of generation. But coal and nuclear keep cranking out the megawatt hours that virtually nobody wants while folks are sleeping.

The future is very cheap renewables. But the profit is all in the head of the duck – that is midload and peaking gas plants, along with batteries, flywheels and pump storage hydroelectric. Or any consumer that can shift their load.