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‘Reliable’ wind power: what cost battery storage? : Comments
By Geoff Carmody, published 9/7/2024Either seasonal reliability is sacrificed, or customer costs soar even more. Or both.
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Energy retailers are offering credits to owners of bidirectional EVs and compatible home batteries to suck some juice out when it helps them. Unsurprisingly many battery owners decline. Who wants to start the day with less in the battery? Thus much touted virtual networks may not go prime time.
That's electrochemical batteries. Malcolm Turnbull tells us realtime nuclear is too expensive yet his pet energy storage project Snowy 2 has gone from $2bn capex to $12bn plus $5bn for HumeLink. Another political favourite is making hydrogen to fuel gas fired plants. The economics are woeful, as in you only get back 26% of the electricity you start with. Welcome to a future world of rationing, oops 'demand management'.