Tomfh said:
Here in Australia were rapidly switching to wind and solar and I worry about what will happen when the inevitably intermittency issues hit.
Buying your retail power at the wholesale spot price. Far out, you’d have to be brave.
Well I would say that depends very much on how the system is put up and how large it is.
Here in the Nordic countries and the Baltics we have a electric broker market.
I have been buying for spot price a long time.
Of course there is a risk, but in the long run it's cheaper.
I might add my power consumption isn't high.
But our power providers in this market place are very varied as, water, wind, solar, biogas, nuclear and district heating plants (produces both hot water and electricity) mostly running on burning non-recyclable waste.
There are probably facilities that stil can run on coal, oil or nature gas to if necessary.
And we can also buy from the outside if needed.
All regulating on the power grid is made from one central place and the companies that are in this system has to agree of having a bit of backup power left that can be used when needed.
Off cours this system also builds on some government laws and company agreements.
And that the government is helping in investing in and supporting a grid that can handle this when necessary.
If Australia are setting up a similar system that can provide power from all over the country, it will never be no sun or no wind all over at the same time, I would not worry.
If they are thinking of going Texas's stile, I would.
Best Regards A
“Logic will get you from A to Z; imagination will get you everywhere.“
Albert Einstein