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If renewables provide 100% of power on good-weather days, doesn't this mean they've picked the low-hanging fruit, and additional renewables no longer have a sta
by p1mrx 5y ago
If renewables provide 100% of power on good-weather days, doesn't this mean they've picked the low-hanging fruit, and additional renewables no longer have a stable source of income?
What incentive exists to decarbonize the remaining 26%, and provide clean power on bad-weather days?
- pfdietz 5y agoThe incentive is ever-increasing CO2 charges, and also high prices per kWh on those off days. The CO2 price is already up to 100 euros/tonne of CO2 on the European CO2 market. Renewables will go further with some combination of short and long term storage, dispatchable demand of other kinds, and outright curtailment.