Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
Because it makes no sense, environmentally or economically speaking. Nuclear is, as you said, base load. It can’t adjust for spikes in demand. So if there’s more energy in the grid than needed, it’s gonna be solar and wind that gets turned off to balance the grid. Investments in nuclear thus slow down the adoption of renewables.
Solar is orders of magnitude cheaper to build, while nuclear is one of the most expensive ways to generate electricity, even discounting the waste storage, which gets delegated the the public.
Battery technology has been making massive gains in scalability and cost in recent years. What we need is battery arrays to cover nighttime demand and spikes in production or demand, combined with a more adaptive industry that performs energy intensive tasks when it’s abundant. With countries that have large amounts of solar, it is already happening that during peak production, energy cost goes to zero (or even negative, as traded between utilities companies).
About the heating: gas can not stay the main way to heat homes, it’s yet another fossil fuel. What we need is heat pumps, which can have an efficiency of >300% (1kWh electricity gets turned into 3kWh of heat, by taking ambient heat from outside). Combined with large, well-insulated warm-water reservoirs, you can heat up more water than you need to higher temperature during times of electricity oversupply, and have more than enough to last you the night, without even involving batteries. Warm water is an amazing energy storage medium. Batteries cover electricity demand as well as a backup in case you need uncharacteristically much water. This is a system that’s slowly getting adopted in Europe, and it’s great. Much cheaper, and 100% clean.
You bring up heated water as a method of storage, and it reminds me of a neighborhood in Alberta, Canada that uses geothermal + solar heated water storage for 52 homes. They’ve been able to successfully heat the entire neighborhood with only solar over the winter in 2015-2016 and have gotten > 90% solar heating in other years.
There’s a huge number of new storage technologies being developed, and the fact that some even work on a seasonal basis for long term storage is amazing.
That’s pretty cool! Still seems to have some issues, but as the technology matures, that seems like a promising technology. I didn’t know seasonal warm water storage was a thing
Because it makes no sense, environmentally or economically speaking. Nuclear is, as you said, base load. It can’t adjust for spikes in demand. So if there’s more energy in the grid than needed, it’s gonna be solar and wind that gets turned off to balance the grid. Investments in nuclear thus slow down the adoption of renewables.
Solar is orders of magnitude cheaper to build, while nuclear is one of the most expensive ways to generate electricity, even discounting the waste storage, which gets delegated the the public.
Battery technology has been making massive gains in scalability and cost in recent years. What we need is battery arrays to cover nighttime demand and spikes in production or demand, combined with a more adaptive industry that performs energy intensive tasks when it’s abundant. With countries that have large amounts of solar, it is already happening that during peak production, energy cost goes to zero (or even negative, as traded between utilities companies).
About the heating: gas can not stay the main way to heat homes, it’s yet another fossil fuel. What we need is heat pumps, which can have an efficiency of >300% (1kWh electricity gets turned into 3kWh of heat, by taking ambient heat from outside). Combined with large, well-insulated warm-water reservoirs, you can heat up more water than you need to higher temperature during times of electricity oversupply, and have more than enough to last you the night, without even involving batteries. Warm water is an amazing energy storage medium. Batteries cover electricity demand as well as a backup in case you need uncharacteristically much water. This is a system that’s slowly getting adopted in Europe, and it’s great. Much cheaper, and 100% clean.
You bring up heated water as a method of storage, and it reminds me of a neighborhood in Alberta, Canada that uses geothermal + solar heated water storage for 52 homes. They’ve been able to successfully heat the entire neighborhood with only solar over the winter in 2015-2016 and have gotten > 90% solar heating in other years.
https://en.wikipedia.org/wiki/Drake_Landing_Solar_Community
There’s a huge number of new storage technologies being developed, and the fact that some even work on a seasonal basis for long term storage is amazing.
That’s pretty cool! Still seems to have some issues, but as the technology matures, that seems like a promising technology. I didn’t know seasonal warm water storage was a thing