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>But I have a hard time justifying new investment in an era where solar is competitively priced. Competitively priced is a misnomer. Different regions have vas
by _coldfire 10y ago
>But I have a hard time justifying new investment in an era where solar is competitively priced.
Competitively priced is a misnomer. Different regions have vastly differing needs. Renewable power generation is largely solved, storage is the problem now, barring an actual breakthrough from the 1900's tech we essentially still use, the other option is a move to smart metering and the energy regulator in your country deciding when your fridge and airconditioner turns on.
Letting someone else turn your fridge on and off is invisible to most, but when an algorithm decides your AC must turn off in the middle of a heatwave, there's going to be serious political resistance.
To me for all the huge engineering challenges of a storage breakthrough, it still seems much easier than convincing the public to give up control over their household appliances.
This is why nuclear still survives as an option.
- WalterBright 10y agoBy modulating the price, consumers will still have control, but they will voluntarily engage in time shifting usage, or deciding that they can live with a higher temperature during the heat wave. Modulating price so that demand = supply works very well. For example, when a frost wipes out the orange crop in Florida, the consumer price of oranges rises. People cut back their use of oranges to match automatically.