this post was submitted on 02 Oct 2024
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of course it's a furry shitposting about it.
They aren't wrong though, storage technology is only starting to come to market in significant enough capacity to be beneficial.
And for storage plants to be financially viable energy costs during the day need to be really cheap, so they can raise them at night and make a significant enough profit to break even.
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(16 replies)
MIT thinking they're Doc Ock
The problem with solar panels is that they produce energy the most when you least need it, and they produce the least when you most need it. Fuck the market. It's a resource storage and production management problem.
Before commenting, you should know there are 2 types of solar panels:
- the ones owned by people (which may or may not feed into the grid)
- the ones owned by corporations
The article is probably about the 2nd kind (if you can only sell energy when there is a surplus, your company will fail), while the twitter user makes it seem like the 1st kind was meant. We probably need to built more of both types. Identify what type the other commenters are talking about before getting in any arguments here.
You have also made a good argument for socialized energy production. Any time you run into these situations where the optimal solution for a good society requires and is anti-profit, that's a good place for socialized ownership.
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The real issue isn't the overproduction per se, but that we (globally speaking) don't have enough cheap scalable responsive distributed storage. I'm writing this from a privileged position since Switzerland has loads of dams and can pump water during such peaks. But it's clear that's not the solution everywhere. I hope a good cheap mass producible battery tech with less rare earth metal requirements comes along soon.
I applied to a company called Form Energy with a really interesting solution. They use the cheap simple ingredients of iron and water to rust and de-rust iron to store and release energy. It's less efficient than lithium-ion batteries but the cost is low and scalability is enormous. If it can make it past all of the hurdles and regulations it could be the solution to the energy storage problem for wind and solar.
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that's a ridiculous argument tho. of course you can. just very selectively choose who you sell solar panels to