Everything about energy production and storage.
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Fun fact! At the current rate of about 8000 vehicles a month there will be that much battery driving around in 2038. Sales are doubling annually though.
Presumably EV sales will level off somewhere below 1 million/yr, if that happens there will be roughly this much battery imported every two years.
This is also a great place for all that "wasted" energy to go.
This ignores EVs, but does have some commentary about it.
How we choreograph charging/manage demand will be interesting.
Canberra is running a v2g trial last I heard.
Even just putting a completely dumb 240V 2kW charger on an off peak meter (like hot water cylinders use) and only using it for load shedding would probably cover most of the storage needed. 16kWh/day is overkill for most driving profiles, then the only issue is convincing whoever owns the carpark to install/rent an outlet.
I think that we need something like that. I expect that someone will set up a virtual power plant as a way of managing the service and capacity. Either that or it just becomes a 'must have' through legislation.
I would like to see the requirement for any new built house to have solar and some amount of storage as a requirement. It just seems to make sense!
Australia's solar market is un-price-gougey enough and electricity costs enough that I don't think anyone would really consider not putting solar on a new build with a battery ready inverter. An investment that yields 50% return in the first year is a no brainer.
Virtual power plants seem a bit too silicon-valley, no need to demand people to submit to someone else controlling the AC when you can just ask instead. I don't see anything wrong with a bounded variable time of use/feed-in tarriff (ie. Electricity will cost at least x, at most y, time-average z over the year, you get 30% of retail for feed-in and the prices are published day ahead). Let people own their own charger, inverter, and battery and decide for themselves what thresholds are for the controller (or opt into software).
(VPPs) Yep, but i guess if it doesnt work, we may need something different? VPPs can take advantage of wholesale swings in cost to better leverage the market. Maybe that is how a business is encouraged to put in charging capabilities (capex), they become part of a VPP, that will soak solar during the day. (jots idea down in my tech-bro notebook)
VPPs will likely work, and likely be foisted on us (fincance ghouls need something to leech off of). I was just dreaming of a better world where instead of calling it arbitrage and extracting the surplus value via a trading market, people could just go "I'll set my car to charge on eco" and not have their value extracted.
As I get older, I realise it is because no one can be knowledgeable about everything, this is a niche that we know, and there will be many that don't understand or really care.
Money pimuts it into something they understand, they want more for doing nothing, so they do it.
Canberra is moving toward full electrification. It’s been renewables (with offsets I think) since 2019. Hopefully more cities make the choice to grids with energy storage to reduce load on old coal and gas plants.
I think the problem with just looking at Canberra is that it can dump or import from NSW and the other parts of the grid, similar to SA, though on a smaller scale.
This looks at the entire network to see what is feasible, without being able to shunt excess generation or import from other networks.
This shows pretty well that we need two kinds of storage. One relativly high efficent, but more expensive for 9% of use cases. The other one large, low cost to built, but larger losses are possible. So I would say pumped hydro, batteries and similar storage in the first category, while biomass and hydrogen are good canidates for the second one.
However priotrity should be to go towards the reaching the 99%. That is a really good position for the rest and well 61% of global electricity still comes from fossil fuels.
Interesting, I never thought of it as storage. I do like that it is referred to as other.
It is the missing piece that we have the option to use fossil fuels, or biomass, or h2 or whatever we like or can come up with.