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by Schroedingersat
1292 days ago
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If there's noone to sell your $150/MWh electricity to because they took one look at the price and put a solar panel on their roof, then you're not selling $150/MWh electricity, you're selling $500/MWh electricity for the 20% of power they must buy. Then when they take a look at the new price, they go buy a battery. The only way to pay it off is a government enforced utility connection fee for a product nobody wants. The only way to sell it for $150/MWh is to underprovision or to build storage or to find dispatchable loads. Just like renewables. |
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> Then when they take a look at the new price, they go buy a battery
You're making the same error a lot of renewable activists do: assuming that household electricity use is all there is. How do you power the turbopumps that make our sewage and plumbing systems? How about our telecommunications systems? We'll just deal with cell phones shutting off after dark?
Energy storage requirements are staggering. The world uses 60,000 GWh of electricity every day. Storage requirements are at least 12 hours for diurnal storage, and several days for seasonal storage. Just going out and buying a hundred terawatt hours worth of batteries is a lot easier said than done.