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Both solar and wind will create many periods of abundant electricity. This is happening. EU is betting on hydrogen as a strategy for dealing with this abundanc
by whazor 2y ago
Both solar and wind will create many periods of abundant electricity. This is happening. EU is betting on hydrogen as a strategy for dealing with this abundance. There is a hydrogen ladder [1], which describes the best opportunities currently known for hydrogen.
1: https://drive.google.com/file/d/1oZ3k6RCf8Y9YLKorogDeEB1Sp8nMuxqi/view https://drive.google.com/file/d/1oZ3k6RCf8Y9YLKorogDeEB1Sp8n...
- janmalec 2y agoThey already create periods of abundant electricity, which is why we have negative prices. In practice this means you have to pay the producers for the electricity and then pay once more someone to take it and use it. This could be solved by removing the guaranteed purchasing price and dispatch priority, but then the entire solar economy becomes a lot different. While periods of abundant electricity might seem like a good business opportunity, it turns out it is not easy to efficiently use huge amounts of electricity that come and go according to the weather. Most factories need to have reliable production to be economical.