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by yrral
1592 days ago
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> We can use storage systems to smooth out supply/demand of electricity. They have a max capacity. They cannot be steady consumers of electricity for the 95%+ of the time that there is enough electricity to go around. > Mining is unsufficient, because it can't provide energy in the night when the sun is not shining. Storage systems can I can use the same argument: Storage systems are insufficient, because they can't consume most of the excess generated power to make development of more renewables economically viable. Bitcoin miners can. |
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There are industrial and chemical processes where electricity is not a viable replacement for the CO2 intensive approaches we are using now. Building up a hydrogen economy for those applications would be great. And much more useful than that cryptocurrency bullshit.