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Joined 1 year ago
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Cake day: July 24th, 2023

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  • North Scandinavia.

    Most of the electricity here is hydroelectric that has been built many years ago so the power plants are paid off.

    The price during summer is very low. In the winter especially the cold months is much higher with Dec-Feb being the peak.

    The determining factor is still the capex for storing it. At $50 it makes no sense. At $0.2 it makes sense in some places. I don’t know which assumption is correct, I expect to be wrong in 50% of the cases when I argue on the internet.







  • Paying billions for mega projects to save millions on cheap electricity makes no sense.

    Napkin math gravity battery Last figures I found are from 2022 the costs storing 1GW 24 hours is $150 per installed kWh

    My apartment has an estimated electricity consumption annually of 2000kWh, I’ll need to store half that for $150 per kWh in a structure that lasts 100 years without maintenance, then crumbles into dust and needs to be rebuilt. It would average out to $1500 per year.

    My current electricity bill is about $600 per year.


  • This is a real problem for renewables.

    You don’t get paid when the sun shines, and you don’t get paid for when it does not.

    You had to pay for building the solar panels and maintaining them. Corporate greed aside none sane would like their tax money either to be spent on producing electricity when it’s not needed.

    Next step for renewables must be storage that is cheap enough for it to beat having fossil fuel on standby.