Why it makes so much sense to incorporate excess capacity into solar power plants

Quartz’s interesting article “It’s time to start wasting solar energyShows a shift in the energy industry’s belief that after investing enough to cover demand, the overhead of expensive infrastructure is passed on to consumers. Create surplus At no additional cost. In other words, the economics of abundance applies to energy.

For some time, the cost of solar panels has dropped by about 90% over the last decade, which means that the most expensive parts of solar energy plants are the land and frames that hold the panels in place. .. Solar energy is now the cheapest in history.. In addition, solar is independent of worn moving parts and software can control production without the need to maintain turbines or furnaces.Even on land where solar panels are installed Creatively used for other purposes..

We are now at the stage we should be Overbuilding capacity of solar energy farms, Never do in the case of traditional power plants. Understanding that it is cheaper to keep overbuilding, even if there is currently no market, is the key to understanding energy.In addition, we are talking about not only cheaper panels, but also advances that enable the generation of energy, for example. When the sun is not shiningOr even a small amount At night..

Think about the possibilities of starting a business in an economy of this size and what you can do with electricity. It’s so cheap and abundant that it’s not even worth measuring.. New PV installations already have a significant excess capacity, and the inverters they supply are typically well below total power generation, which until recently was 130%, but in some cases 291%. There are plans to reach it.

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What to do with this surplus energy? Please keep it in batteries It’s getting cheaper too (Prices have fallen 88% in the last 10 years), Or generate using it Green hydrogen, Can be stored and shipped for use where needed.

This is the change that is displayed Resize all power generation infrastructure over the next 10 years.. Abolishing fossil fuel power plants and replacing them with larger solar power plants is not only environmentally friendly, but also cheaper. Otherwise, the utility will not be able to reduce its price and will be excluded from the game.

Those who understand this are considering taking advantage of it immediately, whether they are or not. Individual, utility Enterprise Or Overall Country.. The transition from a scarce economy to a rich economy can be difficult to visualize, understand, or accept, but the foundation is undeniable. It may seem meaningless to overbuild the power generation infrastructure until we start looking at things from a technological economies of scale. If you still believe in last-century myths about renewable energy, it’s time to look around. It may really be the moment of the light bulb.

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