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.
Renewables dipped below $0 for us in California too this year. Fortunately for the utilities, those savings don’t get passed along to customers and I still paid $0.53 kW/h. /s
Lucky you.
I still paid $0.53 kW/h.
That is surprisingly expensive, it’s more than here (Cambodia), which is notoriously high for the region at around 20c.
If you want people to use less energy this is the only way
Alternative: Create more energy, preferably renewable. Penalize heavy users only (raise costs). Incentivize (lower costs) those using renewables like solar panels. Raising costs for all is the laziest way.
Nah fam, here in Cali, you get charged extra for solar.
You’re charged a monthly fee to be able to sell your excess energy back to the grid. But you can’t opt out and disconnect from the grid, because CA regulations require all homes to be connected to the grid (probably for emergencies).
And pay pennies on the dollar for your excess energy.
I’ve heard that in fees alone, you still end up paying around $100/mo even if you’re breaking even on energy (excess sold during the day >= grid consumption at night).
Ohh, and it’s $0.53 / KwH during peak hours. Off-peak is $0.50, saving you a whopping 3 cents per kwh!
And then there’s super off peak at around $0.22 which is like 10pm-5am (might be off by an hour or two), which is only good to do like one load of laundry before bed, and charge an EV over night.
Good info, thanks. Generally, that’s what I would expect from any area owned by the oil and gas industry (and/or just exceptionally corrupt). Kind of surprised that California still doesn’t have more progressive energy policies. And allows PG&E to regularly embarrass the state.
In the case of PG&E, they have to pay for killing a bunch of people and burning down some towns, so they’re passing the expenses onto everyone else. Privatize the gains and socialize the losses baybeee. Gotta love state sanctioned monopolies.
Why /s there?
Also fuck PG&E. Fuck that company. Assholes.
A lot of that is the cost of transmission, which PG&E charges us out the ass for
People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.
Resistive load. Gotta dump excess energy somewhere.
My electric company here in the us mines bitcoin with it and charges us a “peak time incentive” pricing model.
Sometimes I wonder what it would have been like to be born somewhere like Finland.
Colder and darker for sure
Only for half a year. The other half is colder and brighter!
Id like to visit, I love long nights and the cold.
Your face would hurt from smiling all the time. Sounds awful.
Can I get a link to this that sounds so fucked
Luckily my energy company found a way around all of this to always charge more! We have “Basic Customer Charge”, “Summary of Rider Adjustments”, “Renewable Energy Rider”, and then Sales Tax on all of it. My base charge is over 100$ before they start calculating your actually energy usage. Yay electrical monopolies!
Following the massive rate spikes during the Texas ice storms which were somehow legal, we get a couple hundred dollars added to our bill ever month for like a century. Even if you have solar and have net-negative electricity use you have to pay the fee for being connected to the grid.
And you have to be connected to the grid to have a certificate of occupancy. Otherwise we’d just have solar and a backup generator.
Such good freedom though
Why does it feel like every Nordic country is much better then Sweden these days.
The energy prices in Sweden were also mostly negative yesterday, and today as well. Although probably not quite as much as in Finland.
We each have our problems but I have to admit that I haven’t heard many positive news coming from there recently.
Because Sweden wants to be Nordic America these days.
And the current right wing government is looking closely at US republicans in particular
Try Norway. Our electric companies were sold to private investors who sold our electricity to the EU, and then they sold too much so they had to buy it back at exorbitant prices and the public is footing the bill for their dumbassery.
It’s not as bad as it was a year ago but it’s still about 15 times more expensive than it was just 4 years ago.Eeh? The price dipped to -70 öre in southern sweden today… And you should probably not use negative prices as a messurement of success anyways. :)
Meanwhile in the USA the electric companies will mine BTC, and charge consumers more wherever they can. They will even sue people for going solar for “losing out on profits”.
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.
Or just export it - there must be nearby counties that don’t have such a good renewable electric situation.
“just export it” sounds so simple, but the required infrastructure is actually incredibly expensive. Also most of Europe is already pretty tightly connected and trade does happen to a significant degree, but I have no idea what the actual percentage is or if it’s used to balance oversupply and/or shortages. Kinda hard to find reliable sources for that.
Luckily, several interconnects already exist and more are planned.
As to percentages, most electric grids will publish those - for example FinGrid’s current status.
and who will you sell it to? the other countries will be building their own infrastructure eventually and they’ll be trying to sell to you.
You sell it to places with different weather conditions (or as noted, to places with storage capacity) - and if everyone in the grid becomes as successful as Finland, well “good job, everyone!”
The “places with different weather conditions” are across the equator. Everyone in the northern hemisphere has summer at the same time. The best we can do with interconnects up here is shift the problem around by a couple hours.
Now, if we convert that excess power into cryogenic hydrogen, load it aboard a tanker, and drive that tanker to the end of the earth currently experiencing winter, they can then burn it in gas turbine generators.
Hell, we can put such generators on ships and move them back and forth every 6 months.
Or water batteries for dams if your neighbors don’t need your surplus, this way you don’t need to extract lithium to produce regular batteries to store the surplus
https://www.science.org/content/article/how-giant-water-batteries-could-make-green-power-reliable
Lithium isn’t going to be the way to store electricity on the grid. I wish people would stop bringing it up.
There isn’t going to be a single thing. Pumped hydro, flywheels, sodium-ion, flow batteries, and heating up sand all have a place.
Negative pricing IS a demand shaping method, you need to have a certain % of the electricity produced that is consumed at the same time, otherwise you risk having an unstable electricity grid.
Variable pricing is a demand shaping method. Negative rates are an indication of insufficient flexibility to adequately shape demand. If we were able to adequately shape demand to match available supply, rates would fluctuate, but they would never go negative.
If we were able to adequately shape demand to match available supply, rates would fluctuate, but they would never go negative.
I don’t see why that would follow.
If supply is higher than demand, then getting rid of that excess supply costs money, and the producer might have to pay someone to take it away. It applies to grocery stores that over order inventory of perishable goods, to oil companies that run out of space to store oil, and electricity grids that need to get rid of damaging/dangerous excess power.
If supply is higher than demand, then getting rid of that excess supply costs money, and the producer might have to pay someone to take it away
That is all absolutely correct, and that is all completely irrelevant. That scenario only exists after shaping efforts have failed to match supply and demand.
The purpose and intent is to sell power at a profit. Where demand cannot be increased enough for rates to remain profitable, demand shaping has not achieved its intended purpose. Negative rates are not an example of demand shaping. Negative rates are an indication that demand shaping has failed.
It applies to grocery stores that over order inventory of perishable goods
The dumpster behind the grocery store is “disposal”, not “demand”. The solution to negative rates is not for the power companies to find a dumpster in which to dispose of their excess power.
The supply shaping solution to this problem is reduced solar and wind production, augmented by flexible peaker plants, and drawing on previously stored grid power.
The demand shaping solution to this problem is flexible loads that can be added or removed from the grid as needed, and storing grid power for future use.
I don’t know why you’re framing this as solely a demand problem, or why you think the elasticity of demand won’t extend to negative prices. Negative prices tend to show up only during periods of very high supply, due to a confluence of factors like weather, so supply is part of it (low or even negative prices can induce producers to curtail production). There’s nothing special about the number zero.
And negative prices therefore take the place of disposal: oversupply and the need to expand real resources taking that energy off of the grid in that particular moment. That’s demand, too: incentivizing people to do what needs to be done, and get rid of that excess energy by disposing it or whatever.
I don’t know why you’re framing this as solely a demand problem,
That is a very good question that has a very simple answer:
The supply shaping solutions to excess solar and wind power are to figure out how to store power, or to stop building renewables. Both of those approaches absolutely suck. We need more renewables, not less, and grid scale storage isn’t sufficiently scalable to meet our needs.
Demand Shaping offers a wide variety of potential solutions compatible with increased renewable adoption, and without massive infrastructure projects.
low or even negative prices can induce producers to curtail production
Until 100% of our demand is continuously met by renewable generation, curtailment is not a solution. Curtailment is what you do when you can’t find a solution.
And negative prices therefore take the place of disposal:
Disposal is not a solution. Disposal is what happens when you can’t find a solution.
Until 100% of our power needs are met by renewables, curtailment and disposal both suck.
Demand Shaping is a solution. Demand Shaping moves subtracts load from when it can only be met with non-renewables, and adds load when it can be met with renewables. Demand Shaping makes non-renewables less profitable and renewables more profitable.
Demand Shaping fixes the problem in such a way that encourages renewable growth. Curtailment and disposal makes renewable less profitable. Curtailment and disposal resolves the problem in such a way that discourages renewable growth.
When I was growing up, my parents house had thermal storage electrical heating. Generally the heat was only “on” at night when electricity was cheap, then we’d control the temperature during the day with circulation fans. I remember it working really well while saving a ton of money.
Where is the thermal storage heating now? I specifically could use a mini-split heat pump, where the head unit is thermal storage, but I don’t see any such thing online
Thermal storage needs to be quite large though, at least with the stone/brick like mass they used back then. And you need to isolate it, otherwise you have no control over the release of that stored heat. I wonder if new materials, maybe something that undergoes phase change in that temperature range, could be a lot more space efficient.
It doesn’t have to be large, or the size is related to the use case. In the house I grew up, they were similar size and shape to standard radiators and worked well through cold winters in upstate NY
Consider a single radiator in a house. You only need storage sufficient to use that radiator for one day. And it doesn’t matter too much if it can’t cover extreme temperatures, as long as it is sufficient to cover peak prices most of the time
I finally found one. Why aren’t there choices like
Generally the heat was only “on” at night when electricity was cheap
That is exactly why rates are going negative during the day now. Baseload generation benefits from artificial increases in the base, off-peak load. With solar and wind generation increasing, we now have a need to reduce that base, overnight load, and increase peak, daytime load.
At risk of starting a whole new fight, this is why hybridizing renewables with nuclear doesn’t work. They don’t cover for each other’s faults very well.
Nuclear isn’t particularly good for leveling the daily demand curve, no.
But, it can be very useful for leveling the seasonal variation. Slowly ramping up nuclear production to make up for the short winter days of December, January, February. Slowly rolling it back for the long summer days of June, July, August.
Nuclear is also an excellent option for meeting overnight demand.
But you’re right: it is terrible for making up for inclement weather, and other short-term variation. We will continue to require short- and medium-term storage. We will continue to need peaker plants, although we will hopefully be able to fire them with hydrogen instead of carbon-based fuels.
And don’t forget that the plants are really expensive. Having them produce very little or even no power for half the time doesn’t help that at all.
ok just so we’re clear here, you wouldnt ramp up or down nuclear power output, unless you’re doing maintenance. It’s at or near 100% power output, always. Most plants sit at a capacity factor of about 80-90%
You would however, ramp down wind turbines, or dump solar, or even store that solar since you’re in a peaking cycle.
Solar and wind are cheaper and potentially more plentiful, more distributed than nuclear. Renewables are going to be the primary source of power; nuclear and every other type of generation will augment the renewables.
What you’re saying is what nuclear has been, not what it will be.
potentially, that’s always an option, but unlike something like oil where it’s a generic concept, energy is kind of an ethereal concept. I see it much more likely that if nuclear plants get sufficient development time and funds, that they will pair nicely with renewables as you can buy the electricity wholesale at price, but the versatility of the pricing will offset the increased cost as you can subsidize it using cheaper renewables.
Allowing you to minimize energy storage and some amount of renewable production as well.
I wouldn’t be surprised if grids ended up using solar primarily for day time production consumption and short time storage (evening consumption time) and then used nuclear as the primary producer for power consumption over night, along with wind somewhere in the mix. But this would require nuclear power to be built in the first place.
I read about a, Finnish?, project whete they heated up sand, but in large silos in IDK 500°C or more. Could sit there for months apparently.
Yeah, I’m sure the solution would require both large scale storage and point of use storage
thermal storage is kind of complicated and sucks a little bit, probably.
You can still do the heating thing, using your home as a thermal battery for example. You could also put a large thermal mass within your home, thousands of gallons of water (for example) directly integrating a thermal battery and optimally using it probably just isn’t as viable as not worrying about it and doing something else.
It doesn’t have to be complicated, or the complexity is related to the use case. Does not need water or moving parts.
Consider a single radiator in a house. You only need storage sufficient to use that radiator for one day. And it doesn’t matter too much if it can’t cover extreme temperatures, as long as it is sufficient to cover peak prices most of the time
I finally found one. Why aren’t there choices like
Edit to circle back to the goal: now I can move toward cleaner energy by electrifying my house. I can save energy/money by using the most efficient heating technology. If there was thermal storage, I could save even more money with “time of use” metering and the utility can shift their load to make up for the peakiness of sources like solar. If I installed solar on my roof, I could potentially heat my house entirely with “free” energy
yeah, but if you’re not doing it in a complicated manner you could just stick an IBC tote full of water in the middle of your home and it would provide a similar effect.
Personally i would probably just install a ground loop, and then use that to provide a source for heating and cooling, it’s also very consistent year round, though if you live in an area of deep frost lines, or permafrost, it’s probably going to be more exciting.
Unfortunately a ground loop can be expensive, especially for those of us in urban areas.
I read an analysis once that you could never make back the cost on energy saved. Whether or not that’s always true, I know I live in a high cost area with a yard that a drill couldn’t get to, cris-crossed with 80 years of utilities.
that’s true, though to be fair i’d be the one installing it, i’m not paying other people to dig a hole lol.
Technology Connections has been arguing to just use the air in your house for this purpose - e.g. running air conditioning only at night, or allowing the power company to run it in advance of peak demand.
I got this, works decently for a short period.
My smart thermostat allows me to opt in to a program where the power company can adjust the AC during peak periods, and I get an annual bonus on my bill. It does actually precool the house: sets the temp down two degrees for a bit, before peak where it sets the temp up two degrees.
However my house isn’t sufficiently weatherproofed: their changes can be 2-3 hours but the pre-cooling doesn’t help for that long
It’s pretty common in the UK to get proper negative prices so it actually pays me to charge my car and run my AC. Octopus Agile tariff for example.
This will hopefully lead to storage methods, maybe exportable ones like hydrogen
Hydrogen is not good for energy storage. Round trip efficiency is abysmal and its incredibly difficult to store in the first place
Of course not, hydrogen is pathetic compared to batteries and similar stored mass energy solutions, but hydrogen does have its place, the future should be a mixture of different solutions because many methods have their advantages and disadvantages, but having a mixture means we can apply the best solution to the viable problems. Let’s take transportation, you have a truck that earns money by travelling. If we want to transition away from fossil fuel, hydrogen makes sense over batteries that takes an hour to multiple hours to charge and the weight of the batteries reduce the overall payload of the truck.
Hydrogen makes zero sense in vehicles too. Same storage issues coupled with more horrible fuel cell efficiency, plus modern batteries can charge at hundreds of kW
Hydrogen has its place, and we need plenty of it in places where we don’t have viable alternatives. Road transport is pretty far down that list though.
You just sent me down a rabbit hole, I had heard of electrolysis but didn’t realize that it was able to store energy on a large scale. Seems like a waste of water though.
Well the water isn’t disappearing anywhere and I believe that works on salt water as well
How is it not disappearing if it’s turned into hydrogen?
Hydrogen reaction to oxygen in a fuel cell turns it back into water
So no water is lost?
Welcome to the world of renewables. We have quite some negative hours in Germany in summer when sun and wind are active simultaneously. Unfortunately Finland relies on nuclear, does it?
Shutting down their nuclear power plants is probably the worst thing the Germans have done.
Unfortunately Finland relies on nuclear, does it?
Yeah we though relying on Russian natural gas might pose some issues in the future so we went with nuclear instead. I hope we build more of it.
I know nuclear isn’t ideal but to rule it out completely while the alternative for stable baseline power is still coal and gas seems problematic to me
What’s wrong with nuclear?
People still buying into oil company FUD from the 70s
It’s a poor solution for what people like to call “baseline power”.
The argument goes: solar and wind don’t provide consistent power, so there has to be some power generation that doesn’t fluctuate so we always have X amount of power to make up for when solar/wind don’t suffice. Nuclear is consistent and high-output, so it’s perfect for this.
Unfortunately, reality is a little different. First problem is that solar/wind at scale don’t fluctuate as much. The sun always shines somewhere, and the wind always blows somewhere. You have to aggregate a large area together, but that already exists with the European energy market.
Second issue is that solar/wind at scale regularly (or will regularly) produce more than 100% of the demand. This gives you two options: either spend the excess energy, or stop generating so much of it. Spending the excess requires negative energy prices so people will use it, causing profitability issues for large power plants. As nuclear is one of the most expensive sources of energy, this requires hefty subsidies which need to be paid for by taxpayers. The alternative is shutting the power plant down, but nuclear plants in particular aren’t able to quickly shut off and on on demand. And as long as they’re not turned on they’re losing money, again requiring hefty subsidies. You could try turning off renewable power generation, but that just causes energy prices to rise due to a forced market intervention. Basically, unless your baseline power generator is able to switch off and on easily and can economically survive a bit of downtime, it’s not very viable.
Nuclear is safe. It produces a lot of power, the waste problem is perfectly manageable and the tech has that cool-factor. But with the rapid rise of solar and wind, which are becoming cheaper every day, it’s economic viability is under strong pressure. It just costs too much, and all that money could have been spent investing into clean and above all cheap energy instead. I used to be pro-nuclear, but after seeing the actual cost calculations for these things I think it’s not worth doing at the moment.
As for what I think a good baseline power source would be: I think we have to settle for (bio-)gas. It’s super quick to turn off and on and still fairly cheap. And certainly not as polluting as coal. We keep the gas generators open until we have enough solar/wind/battery/hydrogen going, as backup. If nuclear gets some kind of breakthrough that allows them to be cheaper then great! Until then we should use the better solutions we have available right now (and no, SMRs are not the breakthrough you might think it is. They’re still massively more expensive than the alternatives and so far have not really managed to reduce either costs or buils times by any significant margin).
Maybe fusion in the future manages to be economically viable. Fingers crossed!
The sun always shines somewhere and wind always blows somewhere. Now we just have to install x-times the global energy demand in production capacity and also the infrastructure to distribute it around the world and also make sure that this hyper centralized system is not used against us and then already we have a perfect solution without nuclear. Ez pz, no more CO2 in 500 years.
You don’t need to install X-amount of global demand. Battery/hydrogen storage can solve the issue as has been demonstrated repeatedly in various research. And with home battery solutions you can even fully decentralise it.
I don’t understand your centralisation argument, nuclear is about the most centralised power source there is. And it can be threatened, as seen in the current Ukraine-Russia war.
Solar and wind can scale up to the demand. Nuclear actually has a much harder time doing that, as materials are far more rare and expensive, and it takes much longer to build. If anything, the time argument works against nuclear, not in favour of it.
Hydrogen storage, you have got to be kidding me. It is abysmally inefficient and the same kind of FUD spread by the fossile industry.
Batteries are so extremely expensive that also has to be a joke. How much does a battery for a single day cost? Say, relative to the GDP?
Nuclear is far more local than solar and wind transfer in-between continents, obviously.
Batteries are becoming less expensive every day. The market doubles almost every year, which is impressively high-paced.
You also don’t need battery storage to last a day. Most places only need approx. 6 hours, with particularly sunny countries being able to get away with having only 4 hours.
You maybe also be confusing local generation with centralised power generation. Nuclear is local, but also extremely centralised. Solar/wind transfer is very decentralised, same goes for battery storage.
Hydrogen is in its infancy. The tech is promising but whether or not it will prove its worth is still to be seen.
There are about 2 weeks without sun and wind in the whole EU every once in a while (don’t remember, like every 3 years?). How are 6 hours supposed to help? How much would these only 6 hours of storage capacity cost (pick some country, perhaps not Norway or Iceland).
Look at the clean-up cost of Fukushima, it’s mental. Then look at the set-up costs, and how long it takes. Compare that to renewables.
Not that I want to disagree with you, but even without comparing to two of the biggest fuckups in human(energy) history nuclear energy is always much more expensive than renewable energy, because it needs a lot of safety mechanisms a much longer and more complicated supply chain, and then finally the costs of decontamination.
Look at costs of dam failures. Or how many people they killed. Or look at the cost of climate change. Fukushima is nothing in comparison. You can also compare it to the cost of the tsunami that actually caused the issue to begin with.
What does the damage of the tsunami have to do with this?
Dams seem an awfully convenient thing to bring up since I didn’t mention them.
Because thousands died from it. How many died from the nuclear power? Ah about 0? 1? here the article about it 360 billion damage (vs <200 billion clean up) 20’000 dead (vs. 0 or 1) By 2015, 4 years after the flooding, still more displaced than Fukushima ever did!
Why should the “what about” about the power plant be do important but not the bigger disaster that caused it? Like who cares about 50’000 dollar cash that is lost when a house burns down and people die?
Why are you bringing up deaths of a tsunami and nuclear power? You’re very transparent; your straw man attempts are way too obvious.
The toxic and deadly trash it makes. Deadly for centuries.
In Germany we still search for an area to dig for ages. We search since 30 years.
Many active reactors rely on old designs, we have new ones now that are far cleaner. Some even use existing waste as fuel, so we would be able to get rid of those old stock piles.
Ofc the oil industry is fighting that tooth and nail since it doesn’t jive with their FUD campaign
Yeah and because those new designs are so great we see them installed all over the world. Except the projects take decades, skyrocket in costs and get delayed for decades on top.
Advocating for nuclear power now is in the best interest of the oil lobby. And it is simply impossible to solve the urgent energy transition with it, even if all the miracles promised about it were true.
Except the projects take decades, skyrocket in costs and get delayed for decades on top.
France is doing just fine with none of those issues.
The budget could increase by 70-90% compared to initial estimates, with commissioning delayed up to four to six years.
In France, the government plans to build six EPR – with a possibility of eight more – at an average cost of €52 billion. The first commissioning is scheduled for 2035.
However, according to Les Échos, the costs have already been revised upwards by 30%. When for a comment, EDF CEO Luc Rémont “would not confirm any figures.”
In the mean time, you seem to be a big fan of burning coal instead, which only pollutes the atmosphere instead of easily storable material to be buried when we feel we have found a sufficient deep hole that no one is going to look in.
Your entire argument is a fallacy of saying it is either nuclear or coal, when in reality it is either renewables or coal+nuclear.
It is the same companies that want to continue both coal and nuclear, because it requires similar components in the power plants and similar equipment for mining.
Also the same government in Germany that expanded the nuclear power slashed the build up of renewables, resulting in the long time for coal in the first place.
Stop being a fossil shill. If you shill for nuclear you shill for coal too.
Congrats you’ve fallen for oil company FUD from the 70s.
In what world is nuclear + renewables not a possibility. Nobody here is wanting nuclear + coal. You sit here and bitch and whine about fallacies while your entire argument relies entirely on a strawman.
If I had to guess, it’s a temporary influx of “renewable” energy ( read solar nuclear energy as pretty much everything on earth including coal / water and so on ). You can’t copy this into other countries. Both Scandinavian and alpine countries have abundance of water and wind energy
You can absolutely copy this. Just build solar where there’s no wind.
No, you can’t. You can’t get the same of solar energy in Nordic countries as in Sahara desert. It’s simple, you can’t. Totally different ratio of solar energy per square meter by ranges making it in north Scandinavia virtually unusable
This post is about Finland. If fucking Finland has too much energy, then Sahara has too much energy for sure
You missed the point entirely. Finland has little to none solar energy. They have only wind and water energy. Same with most Nordic, Baltic and northern Poland. There is not enough solar energy provided by sun to make it affordable ( whole life cycle including utilization costs )
There is not enough solar energy provided by sun to make it affordable
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Typical per capita electricity consumption in developed economies is 6–12 megawatt-hours (MWh) per person [4]. This may double to around 20 MWh per capita [5] to accommodate electrification of most energy functions.
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The power and area of solar panels required to supply 20 MWh of electricity per capita per annum are 14 kilowatts (kW) and 70 m2, respectively, assuming an average capacity factor of 16% [7] and an array solar conversion efficiency of 20%.
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For ten billion people, this amounts to 140 TW and 0.7 million km2, respectively. This can be compared with the global land surface area of 150 million km2 and the area devoted to agriculture of 50 million km2 [8].
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The simple calculation above shows that the world has sufficient land area to provide energy from solar PV for ten billion affluent people.
https://www.mdpi.com/2673-9941/3/3/23
TL; DR; full solar electrification with current technology for 10 billion affluent people is possible if we dedicated less than 2% of the real estate currently in use by global agriculture to electricity production
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You can’t copy this into other countries.
I’m currently paying $.20/kWh on a Texas grid that is heavily based on natural gas, despite being ripe for a solar/wind boom.
If you could cut my bill in half, particularly during the summer when my AC usage explodes, that would be much appreciated.
Does it ever make you want to turn on every appliance in the house just for the hell of it? Lol
No, since we pay a flat transfer rate on top of that, about 2-6 cents per kWh depending on the area.
Of course, that doesn’t stop idiots from turning on all their stoves during these times anyway.
Interesting. In the UK we have a fixed standing charge per day (about 45p), so when the price goes negative it is in your interest to use as much as you can. The most negative I’ve seen is -10p/kWh, but most of the time it’s fractions of a penny.
