this post was submitted on 11 Aug 2024
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Mildly Interesting

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It's still not earning you money to spend electricity because you still have to pay the transfer fee which is around 6 cents / kWh but it's pretty damn cheap nevertheless, mostly because of the excess in wind energy.

Last winter because of a mistake it dropped down to negative 50 cents / kWh for few hours, averaging negative 20 cents for the entire day. People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.

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[–] [email protected] 47 points 3 months ago (54 children)

This is not a good thing. Any time generation has to pay to produce, solar and wind rollouts are slowed.

We need better demand shaping methods, to increase load on grids during periods of excess production, and decrease loads during shortages. We need to stabilize rates at profitable points to maintain growth of green energy projects.

We also need long-term grid storage methods, to reduce seasonal variation. A given solar project will produce more than twice as much power during a long summer day as it will during a short winter day. If we build enough solar to meet our needs during October and March, we will have shortages in November, January, February, and surpluses from April through September. We will need some sort of thermal production capability anyway; hydrogen electrolysis or Fischer-Tropsch synfuel production can soak up that surplus generation capacity and produce green, carbon-free or carbon-neutral, storable fuels for thermal generation and/or the transportation sector.

[–] [email protected] 3 points 3 months ago (2 children)

In a region like Finland, sand batteries appear to be worthwhile for seasonal storage. Might be an avenue to pursue

Then there's always green hydrogen as well

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