Difference between revisions of "Electricity Storage v Interruptible Demand"
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| − | The FLUKE view is that the economics of electricity storage at any appreciable scale have yet to be proven and a better approach may be to incentivise large users of electricity to structure their businesses to use renewable energy on an '''interruptible demand''' basis. That is, they receive cheap or even subsidised power, on condition that they only consume at times of surplus generation. Two sectors (more to be added) consuming large amounts of electricity with potential to help balance supply and demand are: | + | The FLUKE view is that the economics of electricity storage at any appreciable scale have yet to be proven and a better approach may be to incentivise large users of electricity to structure their businesses to use renewable energy on an '''interruptible demand''' basis reflecting the need to match electricity supply and demand at any moment [[Just In Time Grid|'Just In Time Grid'.]] That is, they receive cheap or even subsidised power, on condition that they only consume at times of surplus generation. Two sectors (more to be added) consuming large amounts of electricity with potential to help balance supply and demand are: |
* [[Aluminium|Aluminium refining]] | * [[Aluminium|Aluminium refining]] | ||
* [[Claude Process|Ammonia (fertiliser) manufacture]] | * [[Claude Process|Ammonia (fertiliser) manufacture]] | ||
''Further economic analysis will be provided at a later date'' | ''Further economic analysis will be provided at a later date'' | ||
Latest revision as of 08:44, 29 May 2019
The FLUKE view is that the economics of electricity storage at any appreciable scale have yet to be proven and a better approach may be to incentivise large users of electricity to structure their businesses to use renewable energy on an interruptible demand basis reflecting the need to match electricity supply and demand at any moment 'Just In Time Grid'. That is, they receive cheap or even subsidised power, on condition that they only consume at times of surplus generation. Two sectors (more to be added) consuming large amounts of electricity with potential to help balance supply and demand are:
Further economic analysis will be provided at a later date