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The variability of wind/solar can also be handled without time of use pricing by the grid operator including terms in the energy purchase or interconnection agr
by applied_heat 3y ago
The variability of wind/solar can also be handled without time of use pricing by the grid operator including terms in the energy purchase or interconnection agreement requiring the generating facility to maintain some degree of consistency to the output. Then it is up to the generator to figure out how to do that, perhaps with batteries.
The problem we saw in Ontario when the market was introduced in 2001 or so was that it was politically unfavorable to have the extremely high prices, even for an hour let alone long term, that would encourage an investor to build a storage facility.
- theptip 3y agoI think ideally you set up the market so that supply or demand can move to meet these fluctuations. Agree it’s politically sensitive, but if you artificially flatten the price curve then you remove consumer incentives to participate in solving the problem. I suspect industrial/commercial power usage is the big area for innovation here, but would love to see a breakdown of where the low hanging fruit is.