It’s still not earning you money to spend electricity because you still have to pay the transfer fee which is around 6 cents / kWh but it’s pretty damn cheap nevertheless, mostly because of the excess in wind energy.

Last winter because of a mistake it dropped down to negative 50 cents / kWh for few hours, averaging negative 20 cents for the entire day. People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.

  • paf0@lemmy.world
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    3 months ago

    You just sent me down a rabbit hole, I had heard of electrolysis but didn’t realize that it was able to store energy on a large scale. Seems like a waste of water though.

    • Thorny_Insight@lemm.eeOP
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      3 months ago

      Well the water isn’t disappearing anywhere and I believe that works on salt water as well

            • notaviking@lemmy.world
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              3 months ago

              Yes, basically. Enegy is used on H2O gets split and turned into H2 and O2, the H2 then in the fuel cell gets to react again with O2 to produce energy, less than what was used to split it, why it is inefficient, and now stable H20

            • virku@lemmy.world
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              3 months ago

              That’s right!

              Two H2 molecules (hydrogen) react with one O2 molecule (oxygen) to become two H2O molecules (water)

    • JATth@lemmy.world
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      3 months ago

      Splitting water and keeping the H2 converts the energy into chemical energy. The oxygen is just dumped into the atmosphere, which is a loss of efficiency I think? What I know, H2 is the highest form of chemical energy there is.

      Some processes require burning, or cannot be electrified otherwise. It’s these where the hydrogen is needed directly. I think hydrogen is a source material that should be mostly be converted into other chemicals. Etc. methanol and ammonia are more easily storable, unlike diatomic hydrogen which can slowly diffuse through a metal wall, enbrittleling it. Clean ammonia production could replace a giant mass of fossil fuels.

      Here is an another rabbit hole: most of your body’s nitrogen is from ammonia and the fertilizers made from it.