http://chrisblattman.com/2010/03/08/graph-of-the-day-canadia...
http://chrisblattman.com/2010/03/08/graph-of-the-day-canadia...
Electricity is expensive to store, both marginal costs (losses) and fixed costs (plant). Pumping water into hydro-electric lakes is a reasonable solution at present but: 1. pumping has significant marginal losses, 2. usually lakes can't be placed near significant urban loads (desireble to reduce network failure risk, and optimise network loading), 3. hydro-electric lakes are often hard engineering (earthquake risks, difficult to get good potential energy storage if flat land), or politically difficult (consent, water rights), etc.
We need to invent better systems that can profitably sell peak load and buy off-peak load (or buy constant load). Especially for periods of a day or even longer. That would also solve a lot of issues with eco-friendly power (solar, wind). Especially that can absorb huge amounts of load (e.g. overnight). Especially that can absorb and release load within sub-minute periods. Big engineering :-)
Theoretically you can put wind/solar much closer to urban centres but in reality the NIMBYs don't want them either near cities where they can be seen or in remote areas which are typically areas of natural beauty.
http://www.bloomberg.com/news/2012-10-25/windmills-overload-...
I would guess due to a design flaw in the market rules (or the rules for the interaction between different national markets).
I think most large windmill turbines are designed to be able to be feathered to limit electricity production - they need some way to not fail when winds exceed generator constraints - but maybe designs use wind stalling or other dynamics to prevent that? Alternatively they could build dumping loads close to the wind power - e.g. warm some seawater with big resistors!
Edit: I love the quote "Wind farms in West Texas earlier this year were paying utilities to use their electricity on particularly gusty days because they can still earn $22 a megawatt-hour in federal tax credits." LOL.
Prof David MacKay talks about equalising supply from wind & solar with pumped hydro and electric vehicles in his excellent book, page 190 onwards: http://www.inference.phy.cam.ac.uk/sustainable/book/tex/sewt...
This is has been the dream/vision of the power companies in Denmark for at least a decade. It is usually brought up when the government pressure them to generate more power from wind. Current level is 20%, goal is 50% by 2020.
Even 20% is more than is practical in isolation, but we export peak production to Germany, Norway, and Sweden. The two later have hydropower production (and no earthquakes), which can be lowered when cheap Danish excess wind power is available. Not sure that can be scaled to 50%, especially as Germany has similar plans.