Earlier quoted context omitted.
I grew up near this NYPA facility, which is a really interesting energy storage idea: https://en.wikipedia.org/wiki/Blenheim%E2%80%93Gilboa_Hydroe... Basically, they built a reservoir on top of a mountain, and pump water up there during off peak times. When NYC hits peak demand, they let the water flow down. Essentially a giant water battery!
is there enough difference in price to actually turn a profit doing that?
NY energy grid: Real-time dashboard
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Re: NY energy grid: Real-time dashboard
#42Earlier quoted context omitted.
is there enough difference in price to actually turn a profit doing that?
It depends, but in some cases certainly. https://www.bmreports.com/bmrs/?q=eds/main That top left graph is showing you the (notional) system price for grid electricity in the UK. The x axis is settlement periods, which are 30 minutes long, thus period 14 on that graph ends 0700 local time, before many people are awake, system price was £0 per MWh. You want it? Have it. The evening peak a few hours ago was £327 per MW…
Re: NY energy grid: Real-time dashboard
#43Earlier quoted context omitted.
I grew up near this NYPA facility, which is a really interesting energy storage idea: https://en.wikipedia.org/wiki/Blenheim%E2%80%93Gilboa_Hydroe... Basically, they built a reservoir on top of a mountain, and pump water up there during off peak times. When NYC hits peak demand, they let the water flow down. Essentially a giant water battery!
There are a good few pumped storage sites in the world, here's the one most convenient for me to visit (now that COVID-19 precautions have eased) in Scotland: https://www.visitcruachan.co.uk/ It isn't practical to build mountains, so you need to find some natural mountains you don't mind cutting a big hole into, with a pre-existing lake at the top, at the bottom, or ideally both, and then spend a lot of money buildin…
Re: NY energy grid: Real-time dashboard
#44Earlier quoted context omitted.
Biosphere carbon is carbon neutral. If you grow a tree, pulp the tree, and burn the tree, the amount of overall carbon available has not changed as the process of growing new trees will reuse the same carbon. Ignoring external energy costs, obvs. It's a little weird to think about but those wood burning plants are mostly taking the production waste of lumber processing and using it for fuel, similar to wood pellet gr…
Huh! I guess it depends on whether those trees will actually end up being repopulated. I'm still not sure I'd put it in the same class as solar energy for that reason (not arguing against it as a power source), although perhaps solar generates so little the distinction is meaningless?
Re: NY energy grid: Real-time dashboard
#45Earlier quoted context omitted.
I grew up near this NYPA facility, which is a really interesting energy storage idea: https://en.wikipedia.org/wiki/Blenheim%E2%80%93Gilboa_Hydroe... Basically, they built a reservoir on top of a mountain, and pump water up there during off peak times. When NYC hits peak demand, they let the water flow down. Essentially a giant water battery!
Pumped storage - always interesting highly doubt it will be realized in any real meaningful way (might be some interesting one off projectS). We've stopped building dams and its too difficult to site close to markets.
Re: NY energy grid: Real-time dashboard
#46Right now, the marginal price is $36/MWh. Over in England, the marginal price is $268/MWh. [1] When the price of energy is 7x higher, businesses cannot compete. Everything takes energy to use or make. Yet few economists look at the price of energy when deciding which nations will rise and which will fall. Perhaps they should. [1]: https://www.bmreports.com/bmrs/?q=eds/main
I assume that the UK is like the US in providing separate commercial electricity rates, so I'm not sure that there's a meaningful comparison to be made directly here.
Re: NY energy grid: Real-time dashboard
#47Why is power produced by wood (which I assume means burning wood) listed alongside solar in "other renewables"? I guess technically trees are renewable? I assume burning them releases CO2 though...
Biosphere carbon is carbon neutral. If you grow a tree, pulp the tree, and burn the tree, the amount of overall carbon available has not changed as the process of growing new trees will reuse the same carbon. Ignoring external energy costs, obvs. It's a little weird to think about but those wood burning plants are mostly taking the production waste of lumber processing and using it for fuel, similar to wood pellet gr…
So it’s like natural gas, a marginally better thing than coal and oil but still not great.
Same with carbon offsets from planting trees, it might be fine to require planting trees for every flight or something but it really should not be used to “offset” the emissions because it won’t.
Re: NY energy grid: Real-time dashboard
#48Right now, the marginal price is $36/MWh. Over in England, the marginal price is $268/MWh. [1] When the price of energy is 7x higher, businesses cannot compete. Everything takes energy to use or make. Yet few economists look at the price of energy when deciding which nations will rise and which will fall. Perhaps they should. [1]: https://www.bmreports.com/bmrs/?q=eds/main
This is one of those many cases where the politics of the situation and the physics of the situation go to war and the politics wins.
Re: NY energy grid: Real-time dashboard
#49Right now, the marginal price is $36/MWh. Over in England, the marginal price is $268/MWh. [1] When the price of energy is 7x higher, businesses cannot compete. Everything takes energy to use or make. Yet few economists look at the price of energy when deciding which nations will rise and which will fall. Perhaps they should. [1]: https://www.bmreports.com/bmrs/?q=eds/main
You should also consider that the whole idea of a network of large independent system operators is part of the reason why power can be cheap in the US - you can dispatch the most economically viable generation source over a wide area. The UK is roughly equivalent to a mid-sized US state in terms of energy market (roughly half the market of California, for example). Having the UK act as it's own electrical balancing a…
Re: NY energy grid: Real-time dashboard
#50These systems should have a larger buffer for variation than what they run at now, and we should regularly exercise their flexibility. A chaos monkey for infrastructure perhaps. It will be a pain to deal with outages in normal times, but much less of a pain than being surprised by their inflexibility in the middle of some other crisis.