https://nitter.net/BM_Visser/status/1660605197142351875#m
Consumers can sign up for dynamic electricity price to get the benefits (and risk a huge bill like in Texas last year): https://enever.nl/grafieken-stroomprijs-vandaag-morgen/
https://www.cbsnews.com/news/griddy-energy-charged-9000-powe...
Turns out, cables are relatively cheap, compared to batteries.
It's okay to waste excess capacity so long as it is wind/solar/nuclear.
While building better grids is practically doable, I don't see it happening anytime soon; the idea, of using cheap electricity to entice a FAANG to build a data center in one's backyard is preferable to most elected officials here.
In that situation it's probably better business to just buy cheap electricity off the market and use it to do something useful.
Transforming to burnable fuels via electricity is actually useful for some applications and actually in the planning stage with some steelmakers (as a replacement for coal!) like h2 green steel in the same region of Sweden as the floodings. They claim that steelmaking is up to 7% of global co2 emissions and being able to move to gas produced with cheap electricity might be only marginally more costly than coal.
https://caseyhandmer.wordpress.com/2020/12/27/the-future-of-...
Am I missing sarcasm in your comment or something?
The thousand pounds of batteries in a Tesla contain the same amount of energy as ~3 gallons of gas.
I'm sure EV's is going to take over in most areas given enough time. Until then, it's only logical to run ICE's on green fuels if available. Synthetic fuels made with excess solar/wind certainly sounds like it would fit that description.
Also, we already have infrastructure in place for handling large amounts of petrol and diesel, so storage and handling is a solved problem.
My point is that when talking about storing excess energy from the grid, maybe storage density isn't as important as storage availability.
Let's say you want to store fuel now and keep it for 6 months, might be realistic with gas or fuel. On other hand single cycle from battery is awfully expensive. Even if you get to use it for 100 years.
With synthetic fuel let's say it takes m fuel producers / consumers to store electricity produced one day and use it the next. Then it still takes m fuel producers / consumers to store electricity produced during ten days and use it the next ten days. The only thing you need to scale up is your fuel tank, but that is very cheap.
With excess wind/solar, pumped hydro would be the storage mechanism, but that clearly doesn't apply when a country has an excess of hydro too!
Many factories, office buildings, and even stores spend the majority of the day/week empty or very close to it.
Below that you have schools which often close for several months a year.
Entertainment venues even multi billion dollar sports stadiums may spend a lot of time empty. Where possible they aim for year round operations, but often it’s not viable.
Below that you have peaking gas electric power plants, as many grids pay for reserve capacity that’s very rarely used. Some extreme cases might not even be used beyond validating it still works in a given year.
A synthetic fuel refinery can operate 24/7, so would be budgeted to do so.
I could potentially see a hydrogen "battery"/electrolysis setup absorbing excess power in an affordable way, but I'm just saying to date I haven't seen a single one.
The closest thing to a low utilization fuel refinery is probably some desalination plants. Very high energy costs + wild demand swings means some shutdown quite a bit.
There is a few some hydrogen manufacturing plants which only operate on very cheap renewable electricity. However, as I understand it those are currently operated as relatively inexpensive test facilities.
But sure, if hydrogen can be used, stored and then consumed then I can't see why it couldn't be a good idea, assuming demand. The thing about making petrol and diesel is that there's a guaranteed demand for the product, assuming the price is right.
The tax is 0.15 euros / kWh?! That's higher than my total rate (amortized connection fee, per kWh cost, taxes)!
- April: $70 for 635 kWh. USD$0.110/kWh
- March: $71 for 570 kWh. USD$0.124/kWh
- February: $79 for 650 kWh. USD$0.121/kWh
Prices are insane here. The provider will pocket the money they make off of cheap production of energy. Us consumers will see nothing of the low electricity price.