Comment Re:Could be a step in the right direction. (Score 0) 63
Not for the consumers, Only the operators. The "summer solstice power" as you call it must be sold to the consumer at the same rate as the most expensive generation option in the UK mix. Currently that is gas/oil. When the last gas plant is decommissioned, without a fundamental change in the pricing system, the cheap wind energy will be sold at the cost of the nuclear energy.
The solution is simple: just shut down gas, oil, coal, and nuclear. But don't be surprised when your elevator stops at night, or your fridge goes off, or a respirator keeping a loved one alive shuts down.
Not ready for that? You have a few alternatives:
- You could build enough batteries (as in, a LOT) or hydro storage (though that's a challenge, especially in the UK) and watch solar plus storage become far less affordable.
- You could rely on the one energy source that doesn't depend on the weather or time of day: nuclear.
- Or, you could take a balanced approach: combine solar, wind, hydro, and nuclear, and accept the costs of an energy mix.
Think of it like car insurance: you don't only pay when you expect an accident—you pay consistently to be covered whenever you need it.
This proposal should allow the freeing of the market from being tied to the cost of the most expensive option. I suspect however that it will only work for you, and individual consumer, if you have a smart meter. You’ll need one as the costs will vary almost hourly. They will increase in the afternoon for example as the clouds roll over the UK.
As far as I know, Octopus Energy already provides this in the UK. They leverage the fact that to sell "green energy," they only need to generate the equivalent amount of energy their customers use over a 24-hour period. This means their customers still use electricity from nuclear or gas sources at night, but Octopus generates or purchases green certificates the following day to offset that usage with renewable energy.
That's basically close to a scam in terms of real impact on climate change. But hey, at least consumers can feel good while not doing much.