Unfortunately it doesn’t work like that. Energy is bid into the market at the spot price.
Because the marginal cost of producing energy from renewables is so cheap, this will displace energy from all other sources when the sun is shining or the wind is blowing. This is what’s already happening with the coal generators today.
By the time any nuclear gets built, there will be so much solar in the system that nuclear will have to be forcibly shut off at least 40% of the time or operate at a loss. This capacity factor is then on par with wind, so you may as well just build more of that - it’s way cheaper.
The concept of baseload power is dead and has been dead for a while. What we need is more dispatch-able generation and storage.
Unfortunately it doesn’t work like that. Energy is bid into the market at the spot price. Because the marginal cost of producing energy from renewables is so cheap, this will displace energy from all other sources when the sun is shining or the wind is blowing. This is what’s already happening with the coal generators today.
By the time any nuclear gets built, there will be so much solar in the system that nuclear will have to be forcibly shut off at least 40% of the time or operate at a loss. This capacity factor is then on par with wind, so you may as well just build more of that - it’s way cheaper.
The concept of baseload power is dead and has been dead for a while. What we need is more dispatch-able generation and storage.