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The head of Octopus has said that the UK government is spending £350m a year on support for renewable power when production is too high and they have to be swit
by zeristor 2y ago
The head of Octopus has said that the UK government is spending £350m a year on support for renewable power when production is too high and they have to be switched off.
I believe the contracts for power supply aren’t so generous, but an essential key thing is to make battery power key to the whole process.
In time with enough battery power I’m guessing carbon free steel generation, and aluminium production might become viable, but there’s a long long way to go before that happens.
- deleted 2y ago[deleted]
- toomuchtodo 2y agoWould you happen to know if by "private investment" they suggest battery developers paying to fix this part of grid operator infra? Because I'd think that they might also be able to go to the carbon markets to recoup this cost as well potentially (considering the CO2 emissions projected offset by more aggressively managing low carbon generation and resulting energy that would've otherwise been curtailed over a window of time, versus carbon emissions business as usual).
- zeristor 2y agoGood spot. From the page it suggests in 2021 the opportunity for private investment. I’d infer that there’s a few turf wars, and legal things to be resolved. I’d hope that many people would be painfully aware of how essential this is to enable battery power to produce a return on investment. Considering the governments passion for transparency there doesn’t seem to be much on this, and I only realised this since grid battery charging and power is missing from the daily stats. I’m curious to find out if the grid controlling software is written in COBOL and running on a BBC model B in a back room somewhere.