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If we had completely free, 100% efficient grid scale storage of unlimited capacity today we couldn't stop burning fossil fuels because we don't have enough rene
by adrianN 4y ago
If we had completely free, 100% efficient grid scale storage of unlimited capacity today we couldn't stop burning fossil fuels because we don't have enough renewable generation capacity installed to fill any form of storage.
- belorn 4y agoIf the storage solution is close to free then the capacity doesn't matter since any new investment would be guarantied profit. Wind, when the weather is optimal, is several time cheaper than fossil fuels. Everyone would rush to just install new renewable capacity. Just this week in Europe, during the summer vacations and when energy usage is at the lowest point during the year, the energy market price still jumps by 3000% when the wind go from high to low.