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As the price of photovoltaic continues strongly downward, all other energy sources will seem increasingly expensive. So much energy will be consumed during the
by htag 3y ago
As the price of photovoltaic continues strongly downward, all other energy sources will seem increasingly expensive. So much energy will be consumed during the day, and more and more nighttime energy use will be constrained. The traditional power sources like Coal, Nuclear, and Oil will be slowly decommissioned as they age, leading towards a reduction of base generation. Gas peakers will be used as needed when the base generation plus renewables don't meet demand. Over time, batteries will become a larger and highly predictable system to handle peak demands. The price of battery storage is plummeting too. Although there are open questions on if the improvements in battery tech will continue, if it does continue then in 30 to 40 years the cheapest way to sell peak power will be to buy it during photovoltaic abundance, store it in a battery, and then release it. At this point we will be able to stop using gas peakers.