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This sounds good but probably isn’t. Let me explain. The demand for power in Australia doesn’t get any lower by shutting down a power plant. The only thing tha
by tomas789 5y ago
This sounds good but probably isn’t. Let me explain.
The demand for power in Australia doesn’t get any lower by shutting down a power plant. The only thing that will happen is that the other power plants will ramp up to keep up with the demand. A true solution would be to provide new installed capacity to the grid that would price out the existing assets. And if the new capacity is less CO2 intensive than you lowered the emissions.
Question is what is that other source? If generation of the renewables is lower than peak load (times a reasonable factor like 1.5) than you build renewables. Otherwise you focus on bringing power from hours with lots of renewable generation to the rest of the day aka you build energy accumulation. If the accumulation solution is too expensive (either CAPEX or OPEX) than you have to invest in lowering that down. If you lower that down with your money, it will become more favorable for others to build this solution around the world. Others will come and build this solution of yours. This way you effectively lowered way more emission for the same money (assuming you will come up with something reasonable).
- roflc0ptic 5y agoI just somehow doubt that they're bright people throwing billions of dollars around on this plan without having thought of that.
- ageofwant 5y agoThe infrastructure in place at the old - soon to be decommissioned - power stations are to be re-developed for storage of the every increasing supply of renewables. Australia has one of the highest uptake of residential PV and its massive potential in solar and wind generation for the generation of hydrogen and ammonia has triggered a significant investment in renewables. FFI https://ffi.com.au/ https://ffi.com.au/ a subsidiary of Fortescue, Australia's third largest iron miner, is investing billions in renewables in Australia today.