So for clarification, battery dispatch is paying for energy twice, first when it's generated and second when the battery is drained? Also paying for a reserve battery is paying not to drain a battery?
yes, usually it will charge when electricity is very cheap - windy nights etc. - and discharge when expensive yes, but we've done this for lots of generation... the system needs reserve power, we need to pay for it
16:00 So wrong. The battery prices are getting so cheap with more and more large scale mining coming online and massive demand from all other transportation sectors. Combine this with a couple for south north UHV lines in Europe and job is done. The tech is all there on all levels, it just needs time for companies to invest and get it build. The only hold up and price driver is dumb and ever changing policies on old ideas.
Interesting take, do you have any resources where I can read up about this? Such as: large scale mining, UHV, technology, companies relucatnce to move away from old ideas?
So for clarification, battery dispatch is paying for energy twice, first when it's generated and second when the battery is drained? Also paying for a reserve battery is paying not to drain a battery?
Wait till you learn about ancillary services… coal and gas getting paid not to generate (holding capacity in reserve for balancing).
yes, usually it will charge when electricity is very cheap - windy nights etc. - and discharge when expensive
yes, but we've done this for lots of generation... the system needs reserve power, we need to pay for it
16:10 You can run the EU grid entirely on "Wind+Solar+Battery+UHV". Please analyse in depth what the Chinese have built!
16:00 So wrong. The battery prices are getting so cheap with more and more large scale mining coming online and massive demand from all other transportation sectors.
Combine this with a couple for south north UHV lines in Europe and job is done. The tech is all there on all levels, it just needs time for companies to invest and get it build. The only hold up and price driver is dumb and ever changing policies on old ideas.
Interesting take, do you have any resources where I can read up about this? Such as: large scale mining, UHV, technology, companies relucatnce to move away from old ideas?
jargon jargon jargon.. we'll have better energy policy when people involved in making it learn to speak simply