People who install solar panels have a choice: ⓐ Restrict their power usage at night, ⓑ install batteries or blah, or ⓒ get power elsewhere. Or a combination.
Many people seem to think that option ⓐ does not exist. Ie. ⓑ+ⓒ has to be massive as you put it, because ⓐ cannot lighten the load.
On the consumer side, elastic electricity uses can be switched on/off through an app connected to the internet.
Elastic uses are things like charging car batteries, electric water heaters, A/C, refrigerator, etc.
[1] https://electrek.co/2017/12/13/solar-batteries-to-take-10gw-...
Are there any utilities in the US that offer minute-by-minute pricing, or even hour-by-hour? If not, then we cannot conclude that demand is inelastic.
Many solar plants are now pairing with large scale energy storage facilities too (eg, liquid salt, pump hydro, even some batteries).
https://www.wired.com/2016/05/forget-elons-batteries-fix-gri...
> 9,600 tons of rock- and concrete-filled railcars up a 2,000-foot hill.
> $55 million
> The Nevada project has a power capacity of 50 megawatts and can produce 12.5 megawatt-hours of energy.
Using the 4 cents/kWh figure upstream, that's ... $500 of electricity per round trip.
Yeah, as-is, there's no way it can pay for itself. But how much room does this have to grow, and at what cost? If most the cost is down to laying the track and making these custom railroad cars, then maybe there are some economies of scale that could come into play. And then I assume that most of the equipment involved could easily last for decades.
Up-front cost for battery installations may be cheap, but don't lithium ion batteries typically only last a few years? That means you won't be able to amortize the cost of equipment over a very big stretch of time at all.
When it does, you might be able to use it to generate electricity. But I wouldn't be surprised if that isn't done simply because it wouldn't justify the added cost and complexity of building all that extra energy harvesting mechanism into the elevator.
Having lived in a 17-story building with Thyssen-Krupp "green elevators", they're terrible! An elevator would break down and require days of maintenance every couple months, greatly increasing queueing times.
During peak hours they'll increase the flow rate to turbines and during off hours they'll use surplus energy to pump water back into their reservoir.
See https://en.wikipedia.org/wiki/Pumped-storage_hydroelectricit...
http://journals.plos.org/plosone/article?id=10.1371/journal....
Also, what do we do with dead solar panels? Is there a recycling program, or research going into such a thing?
I'm so excited for this news and I feel like these are pretty minor cons though.
You may be thinking of cobalt, which is expensive and mostly mined in the Congo. Reducing the cobalt content of cathodes is a big priority for the industry:
https://cleantechnica.com/2018/06/09/cobalt-free-car-batteri...