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52 comments on Countdown to $200 oil (12) - betting on Yergin
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52 comments on Countdown to $200 oil (12) - betting on Yergin
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One disagreement. You discount the Realtime market for electricity as a nearterm solution to intermittency, apparently on popularity grounds.
You need to revisit your incorrect assumptions, whatever they may be. Modern digital control and communications technology can make all this operate invisibly in the background for you. It can be done cheaply (eg. <$5 / month / point) and be repaid by giving every customer direct access to the wholesale electrical market, where electricity sells on average for less than half what retail customers pay and in off-peak hours could charge your EV essentially for no noticable cost, eg. <$0.01 / kwh.
That system is the real fix for intermittent renewables.
It should also be noted that the very times when electricity is the most expensive on the wholesale market, because everyone is trying to buy it, (4 pm on a hot summer day) is exactly the same time that solar panels tend to be producing a lot of power. When the sun isn't shining, electricity use is actually a lot less "naturally." And sure lighting does use some power, but far less than AC or heavy industry or buildings that have to have the lights on because they don't have any windows. And most of those use power in the day, not at night.
Getting access to the wholesale pricing schedule is what makes solar panels a lot more cost effective. For instance, I sell the power produced by my solar panels at 13 cents/kwh in the middle of the day when I'm not even home to use it, and then buy power at 6 cents/kwh late in the evening to cook dinner. Not only can I use a lot more power than I produce, and still only have to pay the metering charge, but the power company is making money on this arrangement too.