Comment by naIak

2 days ago

Power at peak times is cheap because load is distributed throughout the day. If everybody ran their heaters at the same time, power wouldn’t be so cheap and we’d reach the same situation we’re in.

If power wasn’t cheaper, there’d be no incentive to run our heaters at the same time. I’d expect the market to work this out, and price power down during unexpected over-supply, rewarding nimble workloads. Then there arrives a reward for being nimble, which is something we should incentivize I think.

Think of being able to set a price on Amazon Spot instances where it's low enough to charge your home battery for "free". When the price is right, you recharge your batteries as much as possible. When the price falls outside the range, you leverage your battery to offset the higher electricity prices. This would be part of the "smart" in "smart grids".