Earlier quoted context omitted.
>There is an increasing crisis in the UK of negative electricity prices It seems like an opportunity more than a crisis to me. There are tons of potential applications for "free" electricity. * Storage heating/cooling that's basically free * Manufacturing carbon neutral jet fuel * Cheaper aluminium production It could also lead to onshoring of certain industries which previously moved to locales with access to cheap…
It might work, but it's not necessarily going to be very profitable. The equipment that sits around waiting for low or negative electricity prices represents locked up capital, and ongoing maintenance and depreciation costs. For the same reason, it's not a good idea to have bitcoin mining equipment sitting around waiting for cheap electricity. The hardware becomes obsolete very quickly, so there's only limited time t…
Planned maintenance in that factory is worked with the power company. I'm not sure if that means they are also doing maintenance on some power plant, or if that means during Christmas lights season.
If you can predict high wind times a week in advance I'll work my energy hungry production around your cheap energy prices. The only thing I need is some sort of guarantee that those times will happen "often enough". I can pay employees to work 60 hour weeks some months, and other months get paid vacation, so long as over a full year I get reasonable use of my factory and there is some prediction.