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by XorNot
730 days ago
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But it's the half gigawatt of battery which is the problem - it's nowhere near enough. Roughly batteries scale 1:4 power-to-energy. So 0.5 GW is only about 2 GWh of actual storage. But you need that for almost 18 hours a day since solar tends to have about 6 productive hours a day. So your batteries are covering you for maybe 0.1 GW of constant draw - presuming nothing goes wrong (i.e. a week of regional cloud cover). On top of that the solar plant capacity factor is somewhere between 10% - 30% in most locales, so the sticker plate capacity of 5 GW is going to be under 2.5 GW at best (and that would be a 50% capacity factor). I've never been able to find a way to square an actual "no fossil fuels grid" with the supposed cheapness of solar or wind - it always feels like people are quoting selectively useful $/GW values and then not giving a full accounting of the assumptions behind them - i.e. GW type quotes originate with thermal powerplants which have capacity factors which are essentially "whatever you want if you pay us". |
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The LCOE values I've seen place batteries+PV at ~ nuclear… but nuclear is more expensive than almost anything else.
I anticipate further reductions in the price of batteries from the learning curve and demand driven by electric cars where they're already cheap enough to replace ICEs, such that the cost of batteries for electricity time-shifting will be OK fairly soon (as in: 5-10 years)but that's a forecast and not a guarantee.
There's also the possibility of a global power grid — the maths works out just fine, few hundred billion USD and a year or two of global aluminium production, we have to spend more than that on upgrading the last (hundred) miles even if we never build the global interconnects — but basically only China has both the interest and the capabilities to attempt something like that as part of a future belt-and-road initiative, everyone else will definitely not get past the "talking about it" stage.