this post was submitted on 18 Jul 2023
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Yes, and especially with solar and wind, it's so cheap, you overbuild so it covers more baseload, and when you have excess, you can create whole new industries like Hydrogen production that can ramp up quickly and make good use of it.
Predictable, reliable excess energy on the grid, even if it's transient, oughta be useful for something. Water hydrolysis is as good a use as any. Manufacturing methane from captured CO2. Water purification from ocean water. something.
For sure. There are countless new industries that could pop up if there was transient super-cheap energy. Basically, anything that could be totally automated and is energy limited. Some things require more predictability than others, but there are lots of opportunities. And in the end, you get a more stable grid with less need for storage or "peaking" plants. "Make hay while the sun shines."