
Originally Posted by
DiscoMick
Grafton used to have a hydro power station.
Electricity is an East Coast grid. WA is separate. Generators bid to sell power to ANEMO, the market operator.
Mostly, solar and wind are the cheapest bids. Hydro is also cheap. Coal and gas fill the gaps.
This trend is increasing as worn out coal stations shut down. No-one will finance or insure new coal generation stations, so they won't be built.
Renewables are the future, combined with battery banks with gas as a backup. Victoria lost Hazelwood and it won't be replaced with another coal station.
The UK is on track to hit 100% net zero emissions by 2050. We will be lucky to hit 30% unless government policies change.
Businesses and other large consumers are signing contracts which fund the construction of new solar-wind-battery power generation farms, which then bid to supply into the grid.
Domestic consumers are covering their roofs with solar to run their houses during the day and reduce their need to draw on the grid at night. For example, our son has just installed 6.5Kw of panels which are generating twice as much power as their house needs in a 24 hour period. Works well.
Electricity generation used to be centralised, but now technology means it can be decentralised, which is a big improvement. Adding batteries will reinforce the trend towards being self-sufficient. This is great progress.
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