Are the predicted prices ever crazy far off from what they actually end up being like what happened in Texas last winter? Where am outage causes price to go from like 20c/khw to 2000c/khw over a one hour period?
Are the predicted prices ever crazy far off from what they actually end up being like what happened in Texas last winter? Where am outage causes price to go from like 20c/khw to 2000c/khw over a one hour period?
How do you keep up with the current price? Does your thermostat have a setting where if the price is above X then turn off? Do you just come home to a freezing house and say “oh the electric is too expensive, guess I’ll grab some wood”?
That is already a thing and it’s called concentrated solar power. Basically aim a shit load of mirrors at a target to heat it, run some working fluid through the target and use that to make steam to turn a turbine. There are a few power plants that use it but in general it has been more finicky and disruptive to the local environment than traditional PV panels would be.
In addition to what has been said already, in many places the cost to upgrade the electrical service to the building to handle the amount of power that could be generated can be as much or more than all the other costs combined. So now the building operators are looking at millions in cost with a potentially 30 year payback period. It just doesn’t make sense at that point.