4 ms·
You can have reliable power or cheap power. The problem with current regulation is that power is treated like a fungible commodity when it is not. Base load s
by ftth_finland 5y ago
You can have reliable power or cheap power.
The problem with current regulation is that power is treated like a fungible commodity when it is not.
Base load should be priced separately from peak and intermittent generation.
- ncmncm 5y agoAs cheap storage comes online, power becomes fully fungible, albeit at a discount because storage round-trip efficiency, and long-distance transmission, have losses. But control systems can take all of that into account, in real time, maximizing profits for the best operators. Being slow to start up will be a huge competitive disadvantage. Most storage providers will need a stock of front-end batteries, but there might need to be regulatory support for baseline capacity storage.