Re:Equivalent of 97% of Scotland’s 2020 electricity consumpt...
by Reason077 on Friday March 26, 2021 @11:11AM
(#26593083)
> "There is an increasing crisis in the UK of negative electricity prices"
I'm not sure if you can call it a crisis. A problem, yes, but one that will sort itself out over time. Negative prices are a huge incentive to any form of flexible demand. And by 2030 there will be millions of electric vehicles on UK roads, representing hundreds of GWh of flexible storage. Free fuel by charging at the right time, handled automatically by your smart charger / app? Or even paid to charge? That's a pretty powerful incentive to soak up excess supply.
> "And we are still going need masses of gas backup"
We already have masses of gas backup. But it will become less important in the future as more diversity in renewables, more interconnections, more storage, more nuclear, etc, come online. We'll still need gas for the foreseeable future, but the less it is used, the better.
I'm not sure if you can call it a crisis. A problem, yes, but one that will sort itself out over time. Negative prices are a huge incentive to any form of flexible demand. And by 2030 there will be millions of electric vehicles on UK roads, representing hundreds of GWh of flexible storage. Free fuel by charging at the right time, handled automatically by your smart charger / app? Or even paid to charge? That's a pretty powerful incentive to soak up excess supply.
> "And we are still going need masses of gas backup"
We already have masses of gas backup. But it will become less important in the future as more diversity in renewables, more interconnections, more storage, more nuclear, etc, come online. We'll still need gas for the foreseeable future, but the less it is used, the better.