Energy-intensive industries that invest in their own large on-site batteries will provide multiple benefits to themselves as well as to grid stability, says a new study by the Joint Institute for Strategic Energy (JISEA) in partnership with NREL and others. It matters because future power systems will need to be highly flexible due to the variability of wind and solar. The study assessed two established energy-intensive industries (chlor-alkali … [Read more...]
How to keep Wind and Solar profitable as its electricity gets cheaper
Success can cause problems. As wind and solar penetration increases the electricity it generates gets cheaper. If it stops being profitable we’ll stop building it, thus endangering our emissions-free goals. Dev Millstein at the Lawrence Berkeley National Laboratory summarises their research paper that looks at how market value changed over time at 2,100 utility-scale power plants across major power markets in the U.S., using 2019 data. It’s clear … [Read more...]
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