alt Hacker NewsYeah - you can’t talk about renewable energy generation without also considering when it is generated.
Then future price of energy will be incredibly time dependent. Finding a way to generate at a different time than everyone else - whether by east/west panels or time shifting with batteries or building a different kind of renewable generation is where all the big profits will be.
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philjohn • yesterday at 7:53 PM
It already is on wholesale markets - in the UK you can get on Agile Octopus which gives you half hourly prices. When there is a glut of renewables on the grid you can end up being paid to use energy.
This highlights the need for grid scale storage (be it batteries, pumped hydro or something else) to balance Solar PV, and to bridge gaps when the wind isn't blowing.
Demand isn't fixed in time either, though. Industrial processes that presently run at night to use cheap power will switch to daytime when it makes sense to do so. Summer mid-day also has the highest electricity demand all year in many places due to air conditioning, so arguably solar is addressing one of the biggest stress points.