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You obviously need to factor in the cost of storage if you want to abruptly replace all electricity generation with solar and wind, but I’m also interested in t
by tshaddox 4y ago
You obviously need to factor in the cost of storage if you want to abruptly replace all electricity generation with solar and wind, but I’m also interested in the question “how much non-renewable power generation can we replace with solar and wind before we even have to start worrying about storage?”
- nl 4y agoThis paper does much of the modelling for that: https://www.cell.com/joule/fulltext/S2542-4351(19)30300-9 https://www.cell.com/joule/fulltext/S2542-4351(19)30300-9 (although it's from 2019 so renewnables costs have dropped significantly). Basically if you have 5% of electricity generation from non-renewable sources (eg gas fired peaker plants) then electricity costs fall and you only need storage at $150/kWh (which is available now).
- ncmncm 4y agoYou only build storage after you have renewable generating capacity to charge it from. By the time it is needed, its cost will have fallen to a trivial amount.