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You just have to reduce the cost of electricity in the middle of the day and the market will find 1000 ways to make use of it. Another example is that large sca
by Brakenshire 9y ago
You just have to reduce the cost of electricity in the middle of the day and the market will find 1000 ways to make use of it. Another example is that large scale electric car charging stations already use batteries to trickle charge through the day, and then dump electricity when a car needs it. If there are big cost differences in electricity through the day, it strengthens their business model to do arbitrage, charging more at cheap times.
- antisthenes 9y agoAs another comment pointed out in the thread, Germany's aluminum manufacturers are already taking advantage of negative energy prices and scaling production up and down at least 25% during peak energy producing hours. Residential users and smaller companies will eventually find ways to make use of such energy in a similar way.