California breaks 50% solar – electricity pricing negative
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Re: California breaks 50% solar – electricity pricing negative
#2That will cause an immediate surge of investment into all kinds of storage systems.
Re: California breaks 50% solar – electricity pricing negative
#3That will cause an immediate surge of investment into all kinds of storage systems.
Years ago I read paper describing a project to develop a process for electrowinning iron and sulfuric acid from sulfide ores. It was sort of economic in Norway because of cheap electricity an because iron sulfide was a waste product. It's not economic because of the cost of electricity. But if solar starts regularly producing $0.0 MWhr electricity it probably would be economic to run intermittently.
Found Source:
http://www.ulcos.org/en/docs/Ref03%20-%20Electrowinning%20-%...
tl;dr: If solar creates periodic conditions where the marginal cost of electricity drops to zero that opens up market opportunities that didn't exist before.