Thinking about the nature of renewables where I live, it seems so small as to be not worth mentioning; January will often have a week to several weeks of heavy cloud cover and little wind. A mere 5 hours of capacity is a pittance.
Australia, on the other hand, could easily make more sense, as I imagine the outback to be sunnier year round and maybe windier.
Panels operating at 30% capacity for 9 hours cannot be offset by 5 hours worth of storage. It simply isn't enough storage, even if the panels were operating at 100% capacity. Adding more storage really isn't a great solution either; I'm guessing that you would be hard pressed to get 15 hours worth of storage out of 9 hours of sunlight when the hours of darkness start at 4:30 PM, especially if everyone moves to electrical cooking, water heating and clothes drying, which some states are starting to compel.
So, the two obvious solutions remain- import stored energy from out of state, or using non-renewables as a base load a few months out of the year. We'll need to pay for burying tonnes of HVDC lines (stringing them up in tornado prone areas isn't a great call, imho) or the expense of more nuclear plants (unpopular and, currently at least, uneconomical) or pulling CO2 out of the air to offset natural gas (also expensive).
HVDC lines seem the cheapest, though sourcing the energy will take years of production and inter-state agreements to get to the point where the south is producing (and storing!) enough to send the excess north.
My gut tells me the vast majority of the worlds population lives in locations that are more similar to Australia's climate than in climates like yours. So we start there, and overtime things get cheaper, we find better solutions to long duration storage, and then we start tackling the harder climates/geographies.
Turns out, it's a lot - and it costs the ratepayers:
https://www.greentechmedia.com/articles/read/just-how-much-b...
> Wood Mackenzie calculates the average peaker plant capacity factor will sit between 5 and 6 percent over the next two decades. That amounts to a low number of hours for storage to replicate.
In New York City, ratepayers are paying billions of dollars for polluting gas peakers that sit idle.
https://www.cleanegroup.org/ceg-projects/phase-out-peakers/
* An estimated $4.5 billion in ratepayers funds have gone to support the continued operation of the city’s peaker plants – most of which operate no more than a few hundred hours each year.
* Even though the power plants don’t run often, they can be significant contributors to local air pollution – accounting for more than 10 percent of nitrous oxide (NOx) emissions on high ozone days.
Luckily we have the technology to both start replacing gas peakers with storage, and roll out demand response and load shedding to reduce peak demand.
For example, my employer is a big power user. On a couple days in the summer during peak heat, the utility requests curtailment. The plant managers can respond by switching HVAC operation plans, shift some loads to the overnight - the utility saves money on peak generation, and the company saves a ton of demand charges. Win-win.
1. Money spent on having generators on standby when they are used only 5% of the time
2. Money spent on fossil fuels for those plants when they actually run.
1 is money well spent, 2 is a problem to be solved but just carbon taxing it is probably enough to consider it solved.
Luckily, the high cost of 1, makes it easier to justify adding batteries or a thousand other things that help to reduce 2. But you know people are going to point to the same peaker plants we've had for years and say "look how expensive renewables are!".
Also, we've already built the gas plants. Which is probably a big chunk of the cost (they'll just be spreading that cost across the hours that they intend to run during their working life).
So a Powerwall on every house gets us a third of the way there. That seems entirely within possibility.
Not outrageous in the scale of nation building projects.
They also include existing Hydro in their model, plus 'other' which is what mostly covers the storage on longer scales.
But there's easy answers for the rest too. It's just not modelled in this very simple model because most of the heavy lifting is always going to be solar and wind and that's probably the point they're trying to make.
Hydro is also intermittent - it requires the right amount of rainfall, currently hydro in Australia is not able to reach full generation because it will flood downstream as it's been a wet year.
Hydro is not that cheap (depending on the metric you need) - see an example[1] comparing Australian hydro to the aforementioned Victorian Big Battery.
[1] https://www.solarquotes.com.au/blog/snowy-2-vs-battery-stora...
(Olkiluoto is considered notoriously over budget.)
And even with fully renewable sources they would never have periods longer than 5 hours without much generation?