May 2, 2023
Investors, pay attention to the electricity grid
By admin | |
The grid was built for conventional power stations that drive turbines that create a reliable 50Hz signal and they never stop dead. The grid now has to manage non-conventional sources of power that are not regular, constant, nor predictable and they are located far away from cities. The IEA says the world needs to spend $600 billion a year on the grid.