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He records his personal difficulty with reconciling himself to having turbines in his own backyard (and perhaps his hope that other solutions can be found) but ultimately, he is very pro wind, and didn't oppose the proposed development of turbines on the mountain.
I think his piece - which draws on some of the same sources as my diary - accurately reflects the conflicts people feel about having turbines in the most remote, unspoilt and scenic areas - but ultimately accepts that, particularly in the current economic climate - some sacrifices or trade-offs have to be made.
Personally I would like to see combined wind and wave plants developed using floating platforms and generating at least some power all the time thus optimising the use of cabling and grid infrastructure and providing some more valuable non-intermittent power as well as wind (the Atlantic is never absolutely calm). I have no doubt, however, that the bulk of Irish wind energy will be onshore for the foreseeable future because of the lower up front costs involved. Index of Frank's Diaries
Diversifying the harvesting of volatile energy sources across a broader geographic range and diversifying to volatile sources with different average patterns of diurnal activity results in a portfolio with a total output more stable than the output of any individual component in the portfolio.
So if you have a that is worthwhile harvesting anyway, given the variance of its own supply, then once it is in place, the benefit of adding additional low marginal cost volatile energy harvesting are their free-standing benefit, plus the portfolio benefit of reducing the variability of the combined power supply.
If they are all harvesting "use it or lose it" volatile sources and so are dominated by fixed costs with very little low costs, they all undermine capacity utilization of the fueled power in the portfolio,and the diversification benefit only increases their effectiveness in doing so.
Flow-of-river (or drain) hydro, solar PV, CSP (Concentrated thermal Solar Power), industrial co-generation, wave, tidal ~ they would all offer diversification value benefits once there is substantial penetration of any given wind resource.
What matters to the provision of power is not the volatility of any given wind turbine, but the volatility of the entire portfolio of low to very low marginal cost production.
So, yes, the entire portfolio of low marginal cost energy harvesting shifts coal off the bottom of the merit order in coal-dependent power grids, and for a power company that has institutionalized "burning stuff to make power" into their corporate culture, that social benefit is a threat to that corporate culture. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
the benefit of adding additional low marginal cost volatile energy harvesting are their free-standing benefit, plus the portfolio benefit of reducing the variability of the combined power supply.
I'm not really arguing with you, just wondering if there may be some justification in legacy carbon based generators feeling used because they are expected to be available to provide base load at any time wind etc. doesn't, and yet much of their main "market" is being undermined and undercut by wind. Their capacity utilisation (and revenue) goes down, while their costs go down much less (just by their variable costs).
It comes down to whether or not legacy producers should also get paid for providing capacity, not just output, to compensate them for their fixed costs.
Of course many legacy plants paid back their investors a long time ago and should be happy for any business they can get provided it covers their fixed and variable costs. However if at some point in the future they become uneconomic and start closing wholesale, the entire entire generation portfolio may become unable to meet peak demand at valley production times even with a wider range of renewable options in place. Index of Frank's Diaries
just wondering if there may be some justification in legacy carbon based generators feeling used because they are expected to be available to provide base load at any time wind etc. doesn't,
What ticks off the baseload coal burners is not that they don't get to provide baseload. Because they do. It is that other people get to provide baseload as well.
A newly built coal-burner has similar economics to a wind farm - high up-front costs, low(ish) variable costs (if you exclude the subsidy-by-dead-Chinese-coal-miner). Which means that insistence on marginal pricing locks out new coal almost as effectively as it locks out new wind.
... but fully amortised coal has an equity cushion to survive higher volatility. Which means it gets to benefit from the higher average prices (due to the lock-out of capital intensive low average cost producers). If you repair the market structure to allow wind farms in, you undercut that particular source of rent for old, fully amortised coal-burners.
- Jake Friends come and go. Enemies accumulate.
As to the pragmatic question of what happens if if where they end up on the merit order curve leaves them unable to cover their financial capital obligations ... someone ends up taking a financial haircut, and the asset is revalued, either internally or on sale, as back-up generating capacity.
If a sound energy policy is pursued, its not necessary to expand the capacity of the coal-fired generators in particular, so the fact that their legacy capital costs might not be covered is no threat to the real system. Its a financial loss, sure, but covering for that is just corporate welfare ~ in a more capitalist version of corporatism, we'd apply the rule that you pays your money and you takes your chances. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
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