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This is where capitalism goes off the rails. Instead of investing $250m into making the power grid more secure and reliable, they choose to invest in profiting
by _xnmw 5y ago
This is where capitalism goes off the rails. Instead of investing $250m into making the power grid more secure and reliable, they choose to invest in profiting off disaster.
- jvanderbot 5y agoproviding instant-on, scalable energy capacity to the grid is both potentially profiting off disaster and investing 250m into making the grid more reliable and secure.
- epistasis 5y agoYou are sorely mistaken, this sort of battery is exactly what makes the grid more reliable and secure. Especially on grids like Texas, which have massive amounts of renewables. Batteries are the Swiss Army knife of the grid, they can fix all sorts of problems, from inadequate transmission capacity, to frequency regulations, to peaking needs.
- EricE 5y agoAs others said, energy storage technology is going to be the only thing that makes renewable energy more than a curiosity. Renewable energy is neither reliable nor predictable which is why it can not replace base load requirements. However, if we had sufficient energy storage capacity, they we could indeed fully transition to renewable energy once and for all!