Earlier quoted context omitted.
You are right about the costs and margins. However, a large portion of the cost disparity is because diesel fuel costs incorporate a lot of taxes to fund road maintenance. The electric costs do not, and I suspect that will have to change. Road maintenance funds will have to come from somewhere, and most states are reluctant to take from other tax areas.
24 cents per gallon of diesel aren't a significant portion of fuel costs nor do they come anywhere close to paying for the roads.
Giant batteries drain economics of gas power plants
91–100 of 153 posts
Re: Giant batteries drain economics of gas power plants
#92Earlier quoted context omitted.
Just speculation, but I imagine there is much less volatility in terms of fossil fuel policies. Fossil fuels (regretfully) have large and entrenched lobbyists who seem to get continued political support regardless of the office party. Contrast that to policies for/against renewables which have become a signaling mechanism.
What? Gas prices in Europe are extremely volatile [0]. Neither lobbyists nor politicians control prices and even if they did it isn’t obvious the lobbyists would prefer smooth prices. [0] https://tradingeconomics.com/commodity/eu-natural-gas
Re: Giant batteries drain economics of gas power plants
#93Re: Giant batteries drain economics of gas power plants
#94Earlier quoted context omitted.
I believe they just switch on and off fast enough. Tesla power wall does that.
Yes, but the rest of the grid can not, except for some forms of hydro, flywheels, superconducting coils and grid scale batteries. They hydro has a fastest rate of change of about 1 minute from zero to full load and a bit slower to go back again and batteries can more-or-less match renewables for rate of change. The superconductor solution is the fastest but also the most expensive per KWh of storage. In the time befo…
Re: Giant batteries drain economics of gas power plants
#95The reality is much more complex than "batteries replace gas" - > Developers can no longer use financial modelling that assumes gas power plants are used constantly throughout their 20-year-plus lifetime, analysts said. > Instead, modellers need to predict how much gas generation is needed during times of peak demand and to compensate for the intermittency of renewable sources that are hard to anticipate. > "It does…
A major problem here is that intermittency isn't consistent. Okay, solar doesn't generate at night, so you would need to charge some batteries during the day and discharge them at night. Maybe that's fine. But solar also generates less in winter. If we want to transition heating from oil and gas to electric, we need a lot of generation in the winter. If we build some more solar to do that, now there's way more than e…
But wait, in most places hydroelectricity availability has always been a factor. And THAT was already variable depending on the season (and anomalous seasons). So anyway, both production and consumption have always been seasonal and weather-dependent.
With sometimes chaotic results when a winter is exceptionally mild like last winter in Europe, or strong. Not new either.
And then on top of that, in places like the American West, the prices to import electricity from neighboring regions or states have sometimes been chaotic. Also something that had to be taken into account for peaking gas-powered generation.
Re: Giant batteries drain economics of gas power plants
#96Earlier quoted context omitted.
What? Gas prices in Europe are extremely volatile [0]. Neither lobbyists nor politicians control prices and even if they did it isn’t obvious the lobbyists would prefer smooth prices. [0] https://tradingeconomics.com/commodity/eu-natural-gas
Volatility in terms of policies, not prices. E.g., the it's fairly certain the subsidies for gas that are in place this year will continue next year. Price volatility has a lot more market dynamics at play.
Re: Giant batteries drain economics of gas power plants
#97The reality is much more complex than "batteries replace gas" - > Developers can no longer use financial modelling that assumes gas power plants are used constantly throughout their 20-year-plus lifetime, analysts said. > Instead, modellers need to predict how much gas generation is needed during times of peak demand and to compensate for the intermittency of renewable sources that are hard to anticipate. > "It does…
It is probably smart to keep around a certain capacity of nonrenewables to provide at least some base load. Long periods of low sunshine and slow winds could deplete batteries to a critical level. Also, the turbines of big powerplants act as grid frequency stabilizer. Do grid-scale batteries use alternators or might they run flywheels?
Re: Giant batteries drain economics of gas power plants
#98Earlier quoted context omitted.
Yes, but the rest of the grid can not, except for some forms of hydro, flywheels, superconducting coils and grid scale batteries. They hydro has a fastest rate of change of about 1 minute from zero to full load and a bit slower to go back again and batteries can more-or-less match renewables for rate of change. The superconductor solution is the fastest but also the most expensive per KWh of storage. In the time befo…
"Superconductor solution": did you mean "supercapacitor solution"?
There is a company in the United States that has been making these for almost 20 years now, they are used for ride-through in hospitals and for windfarm output stabilization.
https://en.wikipedia.org/wiki/Superconducting_magnetic_energ...
https://www.amsc.com/gridtec/renewable-interconnectivity-sol...
Enjoy the read. It's interesting stuff.
Re: Giant batteries drain economics of gas power plants
#99Earlier quoted context omitted.
No discussion of battery trucks can go very far without reaching the conclusion that more freight must travel by rail. That's a correct conclusion, but for the same reasons it has never carried the day in the US for 75 years, that transition will continue to not happen.
I think you're right, but wouldn't this still necessitate freight to travel by truck from rail centers to population centers? That's how a lot of the system currently operates in the US, no?
My lazy googling suggests that 40% of freight movement is via rail in US. I can't find a full breakout, but the same site goes on to claim rail is only 1.7% of GHG, which means most of the rest is traveling by road, since waterborne freight is generally more efficient than rail.
Re: Giant batteries drain economics of gas power plants
#100Then I fed it into a battery simulator that I wrote.
Based on my estimated cost of a grid-scale battery, I estimated a payoff in ~2 years; and then a lot of profit.
The biggest challenge is the politics and red tape of connecting something to the grid. The grid operators are used to power plants being multi-year projects.