Re:Adding clean energy to the US power grid just got a lot e...
by Gibbon1 on Friday July 28, 2023 @11:53PM
(#36916705)
I think that thing makes money because utilities will pay though the nose for a reserve of instant on demand power.
Re:Adding clean energy to the US power grid just got a lot e...
by applied_heat on Saturday July 29, 2023 @12:07PM
(#36921581)
Right, so then we are back to that cost being recovered from ratepayers.
Re:Adding clean energy to the US power grid just got a lot e...
by Gibbon1 on Saturday July 29, 2023 @04:53PM
(#36924442)
But they're paying less for that than before. The price power commands depends a lot on how flexible the power source is. Batteries because they provide grid stabilization can charge a premium price.
So making $40/MWH * 100 MWH/day = $4000 per day * 365 day/yr = 1.4 million revenue per year. Not enough to pay back $100 million.
Like you said The economics of it keep improving though Imp