this post was submitted on 18 Aug 2023
51 points (100.0% liked)

Australia

64 readers
14 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 1 year ago
MODERATORS
lodion@aussie.zone
Fluid@aussie.zone
bestusername@aussie.zone
eatham@aussie.zone
51
Australia leads the world on rooftop solar: We must now lead on making it smart (reneweconomy.com.au)
submitted 1 year ago by vividspecter@lemm.ee to c/australia@aussie.zone
4 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] vividspecter@lemm.ee 3 points 1 year ago* (last edited 1 year ago)

The problem is that energy is extremely cheap during the day due to the excess of renewables so that's why it's not all that profitable for power companies to buy it. One way to take advantage is to buy a battery and then use that to soak up the excess during the day (at the same time using as much as possible for your own needs) then discharge it during the night. But you'll have to run the numbers to see if that's worthwhile. In the long run, EV batteries can do this function too although that is part of the inverter driven problem the article discusses.

Of course, whether electricity should be under a market mechanism is debatable, but that's how it is for now.