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Originally Posted by screener
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Originally Posted by LMagic007
Hey Besoeker thanks for your effort there. That's interesting to see. Did you use 5% for electricity consumption growth ? Obviously it won' account for night capacity and demand that wont be filled by solar, but its still interesting to see.
Hopefully new energy storage methods will have emerged by then, so that solar can be stored in one form or another, for later daily use in non sunlight hours. Thus by about 2030 the world may have moved to a new global energy base. Hopefully with a few more technology improvements, the cost of solar and other renewables can fall even further, possibly even accelerating that installed growth.
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It might lead to international exchanges of daytime electricity for night time power, from sun belt regions to areas with more hydro power for example, Possibly we could see cheaper electricity in daylight hours, It's interesting times.
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Spot prices for electricity using "smart meters" has been possible for some time. These prices could be both for consumption and production. Equipment could be programmed to switch off if the price rises above a certain level. I think solar electricity in sunny arid areas could be converted into hydrogen for transport and storage.
Areas that have high demand during the day (air conditioning and so on) could pay more for local production.