Comment by beAbU
3 days ago
There are so many things that are energy intensive and not really economically viable: co2 capture, crypto mining, "green" hydrogen, we could see a world soon where a large scale BESS would have an on-site dummy load that does something useful with that electricity
The problem with all those things is that they are ridiculously capital intensive to set up, and then they sit idle 80% of the time Worse, the whole point of negative electricity prices is that they're an inefficiency in the market which ideally will eventually be optimized away. Then what do you do with your billion-dollar plant that can only run with negative prices that no longer exist?
You're assuming the way they get optimized away isn't by these sorts of plants.