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tsycho | 1 year ago
Would it make sense for local electricity companies to go full solar with large battery backups? Or are batteries too expensive, or don't last long enough, for this to be feasible?
What about a wind+solar combination? Both of them are unlikely to go offline at the same time.
I see articles that the cost of wind and solar keep going down every year at a rapid rate, and the same for battery tech too. How far are we from where the costs are low enough for cities to have their own reliable grids composed of renewable energy?
kla-s|1 year ago
mlsu|1 year ago
Individual homeowners can do their part with solar + heat pumps to shift that duck curve. Power rates should see way more wild swings: 0c at the trough around 11am-2pm, $.50 at the 5pm peak. That aligns consumers to make sensible investments, either the energy they use or the energy they produce/store.
Smart charging of cars, so that those car batteries can help shift the load? But that requires global coordination that is nonexistent today.
Solar is no doubt the energy solution, there's really nothing better. It's low maintenance and lasts a long time, capital scalable, and can be deployed basically anywhere. Solar is far and away the cheapest thing for about 70% of our energy needs. For the last 30% that is very tough to squeeze out -- that baseline power for 24/7 stuff like aluminum smelters, datacenters -- you basically have: high voltage transmission (only available if you have land to your west), big battery banks (tenable, but only if batteries follow solar's dramatic reduction in cost), or nuclear (but requires a big culture change that I cannot really imagine). Or fossil fuels but those are not good obviously.
Basically any of the other green stuff (hydro, wind, geothermal) can't be built at any price most places.
PaulDavisThe1st|1 year ago
Sure. But opposition to those battery energy storage systems (BESS) is intense and growing.
scotty79|1 year ago
mlsu|1 year ago
You only see crypto in areas that have really cheap, 24/7 power. Big crypto mining operations are only built near remote hydroelectric power stations, or worse, natural gas or coal rich areas. Places where fossil fuels are made but that don't have easy/cheap access to refineries, rail lines, or pipelines.