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Probably once there enough batteries in service to soak up enough negative-priced rooftop solar power produced during the day to meet the overnight demand, base
by pabs3 2y ago
Probably once there enough batteries in service to soak up enough negative-priced rooftop solar power produced during the day to meet the overnight demand, baseload coal/gas will be less needed or no longer needed.
- h0l0cube 2y agoCorrect. It will take around 10-20 years for this happen at current scaling of grid storage. In the meantime it doesn't make sense to scale up new gas, coal, or nuclear, as they won't have a decent ROI over their lifespan.
- pabs3 2y agoAt least in Australia, the oversupply of rooftop solar is already getting to be enough of a problem that its a signal to investors that getting into grid scale batteries could be profitable, and to home owners that house scale batteries are a good idea.
- h0l0cube 2y agoSodium-ion battery packs are starting to enter the market, and are already quite cheap. I think within a couple of years the economics will be difficult to resist.
- defrost 2y ago> and to home owners that house scale batteries are a good idea. There's a middle ground to exploit for business that I've seen few (although some) examples of in Australia - "neighbourhood" batteries that cover 200 homes or so. Good for small towns, developments, suburbs, etc - about $1 million (AUD) as I recall, decent economics - work with grid provider to soak charge container sized battery from surrounding solar, feedback on demand, etc.
- firecall 2y agoTo encourage this, here in South Australia, households can get free power between 11am and 2pm, to charge their EVs. We also charge our home batteries and run other things like the dishwasher, washing machine and so on... It's actually a bit of a thing, where you can be out and the 11am alarms on peoples phones will start going off!
- BLKNSLVR 2y agoI haven't come across this. Our power company has cheaper 'shoulder' rates between 10am and 3pm, during which I schedule more things to be 'on', but haven't heard about a free power time range. I'm with AGL, and don't tend to shop around (because hassle), but this might inspire a review.
- firecall 2y agoIf you own an EV and have a Smart Meter, you can get these rates with OVO!
- threeseed 2y agoAlso need to factor in the possibility of grid connectivity. If there is ever a Western to Eastern Australia connector that would have a big impact on excess capacity given the 3 hour time zone difference and just how warm it gets there.