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I think reprocessing scrap steel is a really good candidate for solar. Capitalization costs are low enough it's worth it to chase the lowest priced electricity.
by Gibbon1 3y ago
I think reprocessing scrap steel is a really good candidate for solar. Capitalization costs are low enough it's worth it to chase the lowest priced electricity. Doesn't matter if the lowest cost is at night or during the day. Solar is probably better because the marginal cost is close to zero. meaning if you're buying electricity at night from a nat gas plant the plant still has to burn natural gas to supply you power. But you buying excess capacity from a solar farm doesn't cost the solar farm anything.