So what they are saying is that our current financial system is too focused on short term gains to cope with short term losses?
Sigh, when I grew up, I was allways taught to save money so that I have a buffer to fall back on. This concept seems to have completely gone out the window for busniesses lately.
I dislike the talk about how capitalism is bad as a general concept, but when seeing stuff like this I do agree with it in parts.
Ok, so let’s solve the issue.
There is too much electricity, so generating power to transmit to the network will cost us money.
This has an easy solution, just don’t transmit it to the network.
Build a battery facility where you store the power instead, infact if the price of electricity is negative, use the power on the grid and charge your batteries as well, I mean, when the electricity cost is negative, you are being paid to consume power.
Then when the sun goes down, and the electricity price goes up, you sell the charge you have in the batteries.
Depending on your location you could even set up a pumped storage system, where instead of batteries getting charged, you use the cheap excess energy to pump a resarvoir full of water, and release it when you need the power.
I’m very hopeful for flow batteries to improve to a point where they can be very cheaply installed at scale. Seems much better environmentally than lithium ion, and the drawbacks matter less for grid storage.
Flow battery drawbacks aren’t drawbacks for home use, let alone grid scale.
That’s really not an easy solution at all. It’s simple, conceptually, but it’s a huge series of projects. And expensive.
This is generally the right idea of a solution, but it’s a difficult engineering problem.
It’s not “just an economics problem” despite the headline.
The “cost of power becoming negative” is phrased in an economic way but what it really means is the grid has too much power and that power needs to go somewhere or it will damage infrastructure.
Yes but there are many solutions already to that problem.
The first one being to shutdown a few stations production when overproducing. The second one being a myriad of storage solutions that already exists and scale them.
It is an economic problem because we already have many ways to skin the cat, but it won’t produce shareholder value in the short term.
“Economic problem” isn’t merely short form for “if we had a socialist system we could solve it with free money.” These solutions require us to dig huge amounts of minerals out of the ground and tear the earth apart in the process. And we’re already doing that at a rate exponentially larger than we ever have in history. Plus these are the same materials we need to build the batteries for EVs, so building them for grid storage competes with the EV transition.
And then you factor in the rapidly increasing electric demand we’re producing by switching over to EVs and that means the demand on the grid is even higher. The grid wasn’t built to be able to source power from everywhere so putting solar panels on everyone’s rooftops is making the situation even worse.
This has an easy solution, just don’t transmit it to the network.
It’s the base load providers that don’t like this. Coal and nuclear don’t like to ramp down. They can’t shut down easily and their installation keeps costing money but stops bringing in money in that period. They’ll go complain to daddy government how unfair it is.
Until batteries start replacing them by being cheaper.
From a grid stability point, you can’t produce more than is used, else you get higher frequencies and/or voltages until the automatics shut down. It’s already a somewhat frequent occurence in germany for the grid operator to shut down big solar plants during peak hours because they produce way more power than they can dump (because of low demand or the infrastructure limiting transfer to somewhere else)
Negative prices are the grid operator encouraging more demand so it can balance out the increased production.
Spot on! I hoped this comment would be higher! The main problem isn’t corps not making money, but grid stability due to unreliability of renewables.
To be fair, the original tweet is kinda shit to begin with. They’ve unnecessarily assigned monetary value to a purely engineering (physics?) problem.
But the thing is, you CAN simply turn them off at the press of a button (or an automated script) so its really a complete non issue. As long as big solar installations control systems are accessible by the grid operators, it should be fine.
Ok, but what do you do when you’re short of power at night? Keep in mind to turn on conventional power stations it’s expensive & time consuming. Once they startup they need to stay on for a long while to be efficient & cheap.
The real solution is to store excess power in batteries. Lithium ion is too expensive to scale, Sodium ion batteries are economically & capacity viable AFAIK.
Thats just not what this post is about. Obviously storing is the way but until then yiu just gotta turn em off
I’ve read that gravity batteries and sand batteries are ecologically sound options that work on the scale needed to support large sections of the electrical grid.
If you’re spending billions to build a solar plant that has to turn off all the time during peak hours then you’re wasting your money. That seems like a fundamental issue to me, not a non-issue.
Are there any solar plants that cost a billion dollars each?
Secondly, you want to over build solar, so that you have enough capacity during off peak hours. Grid storage is obviously the better solution, but seems not widely available enough yet.
Well I wasn’t expecting to find THE right answer in the comments already. Kudos!
And to everyone reading through this post: If you have questions, need more explanations or want to learn more about the options that we have to “stabilize” a renewable energy system and make it long term viable, just ask!
As someone with a technical background this is the stupidest problem with solar that I don’t get… just turn off the panels in groups until generation is closer to demand… how have engineers not figured that out. And if they have why does this still get written about.
Someone is an idiot. Maybe it’s me?
I’m adjacent to this problem, so I have a little context, but am not an expert at all.
To my knowledge, we don’t have granular control over panels. So we can shut off legs of a plant, but that’s a lot of power to be moving all at once.
Instead, prices are set to encourage commercial customers to intake more power incrementally. This has a smoother result on the grid, less chance of destabilizing.
A customer like a data center could wait to perform defragmentation or a backup or something until the price of power hits a cheap or negative number.
Thanks that’s helpful.
But right…?
Solar plants can be reduced to rationalize supply.
To my understanding. The bigger issue is you can’t as effectively do this with other non-renewables like coal/gas… so this not a solar problem but a problem of legacy power plants.
So stupid. The narrative as well.
Piggybacking on your grid stability point, another issue I don’t see getting addressed here is ramp rate.
If we install enough solar where 100% of our daytime load is served by solar, that’s great. But what about when the solar starts to drop off later in the day?
A/Cs are still running while the sun is setting, the outside air is still hot. People are also getting home from work, and turning on their A/Cs to cool off the house, flipping on their lights, turning on the oven, etc.
Most grids have their peak power usage after solar has completely dropped off.
The issue then becomes: how can we serve that load? And you could say “just turn on some gas-fired units, at least most of the day was 100% renewable.”
But some gas units take literal hours to turn on. And if you’re 100% renewable during the day, you can’t have those gas units already online.
Grid operators have to leave their gas units online, running as low as they can, while the sun is out. So that when the peak hits, they can ramp up their grid to peak output, without any help from solar.
There are definitely some interesting solutions to this problem, energy storage, load shifting, and energy efficiency, but these are still in development.
People expect the lights to turn on when they flip the switch, and wouldn’t be very happy if that wasn’t the case. Grid operators are unable to provide that currently without dispatchable units.
If we install enough solar where 100% of our daytime load is served by solar, that’s great. But what about when the solar starts to drop off later in the day?
Store the surprus of energy from the solar panels and use that as a buffer with batteries or gravity
But some gas units take literal hours to turn on. And if you’re 100% renewable during the day, you can’t have those gas units already online.
Why not? Just time it and start it hours before, wind energy could help in that too
Gravity energy storage doesn’t scale well. I’ve replied to other comments with more detail on this.
There are more feasible energy storage technologies out there, but these are super cutting edge and are not ready for grid-level deployment yet.
The future of grid level energy storage is almost certainly not going to be gravity based. At least not on a large scale.
You can’t have 100% of load be renewable/solar and have gas units online on top of that. That’s over generation. You have to match the supply exactly with the demand. If you mismatch, you destabilize the grid. Undersupply causes blackouts, oversupply melts power lines.
If a unit takes 10 hours to start, solar hours are from 6am to 6pm, and peak load is at 7pm with 0% solar; when do you recommend we start this unit? At the minimum, we’d have to order it on at 7am. Units have to run at a minimum load, let’s say 100MW for this unit. So now you can’t 100% solar from 7am to 6pm, you have to leave 100MW of room for this base loaded unit.
This doesn’t even factor in regulatory requirements like flex, spinning reserve, and other balancing and reliability requirements. Grids are required to have emergency units available at an instant to prevent mass destabilization if parts of the grid fail.
Yeah yeah down with capitalism rah rah but if the electric company makes no money, how do they afford infrastructure maintenance?
Ok so we nationalize the electric company. Now taxes pay to keep up the electric grid?
I’m down for all of that, by the way. It’s a great solution. But there is absolutely, indisputably, 100% a problem here, and it’s childish to pretend that if evil corporations would stop being so greedy everything would magically fix itself. It’s completely valid to discuss this issue in terms of problems and solutions.
There’s absolutely a problem with how MIT Tech Review has phrased it. It could’ve been phrase like “modern power generation requires innovate solutions to the gride and large scale grid upgrades.” But no they blamed it has a Solar problem, not a grid problem.
I see headlines all the time such as “The US highways need a 1 Trillion investment in the next decade”. How come they aren’t phrased like “The problem with trucks and cars is that they destroy roads, leading to Trillions of cost to the taxpayer”. They’ve decided that transportation is non-negotiable and it’s needed. But renewable electricity is not?
Does the price I pay for electricity not already include the cost to maintain the infrastructure needed to deliver it?
Funny enough, no. Although that’s changing in some places, with electric bills being split into a base fee for everyone hooked up and a variable fee based on usage. Obviously, this pisses off home solar users because they expected to pay nothing.
But most places use the same old model that charges you solely based on usage and was not designed with consumers also being producers.
Home solar aside, significant upgrades to the grid will require higher prices. Introducing large grid-scale solar is a significant upgrade.
If evil corporations stopped being greedy everything would literally fix itself, and it would not be magic.
Imagine getting electricity from solar as what it cost to deliver and not having a price set by a market at all.
Imagine if the corporations were not allowed to extract profit from you’d to give it to the shareholders and banks.
There’s an almost uncountable amount of spare money, when you remove ‘profits’ and put it back into the service .
Ya know what, I’m gonna solar even harder
Negative prices are an opportunity and people will take advantage. This would be the perfect time to change batteries, make hydrogen, send compressed air into an old mine or refill a dam