In California, both wind and solar generation are about ten times less in the lowest months versus the top three months.
If California reaches the 80% mark for renewables there will be massive amounts of surplus generation during the summer months and would need 9.6 million megawatt-hours of energy storage. Achieving 100% would require 36.3 million.
California should reach on 50% of its electricity from clean sources by 2020 and could pass a bill to legally require 100% by 2045. In January, they voted to close a nuclear plant which is a carbon-free source that provides 24% of the electricity.
The amount and cost of the storage will go over $350+ billion because of the wide variation in solar and wind power generation.
$350 billion would still be less than 17 over-priced pairs of Vogtle AP1000 nuclear reactors. The two 1.1 GW AP1000 reactors are coming in over budget at about $20 billion for both. Twelve pairs of AP1000 reactors would cost $240 billion even with bad cost overruns and generate over 200 TWh that California needs in electricity.
A study found meeting 80% of US electricity demand with wind and solar would require either a nationwide high-speed transmission system, which can balance renewable generation over hundreds of miles, or 12 hours of electricity storage for the whole system. At current prices, a battery storage system for 12 hours for the USA would cost more than $2.5 trillion.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.