What we really need to do is put more work in to makeing green methanol to replace fossil fuels for road use.
basicy i want thisplant
As soon as you can get it down to $1.50 per litre then market for fossil fuels is massively reduced.
methanol need barely any changes to our fuel suppy, and almost petrol engines will need little to no changes.
It's not, by far, carbon neutral or environementally beneficient. I mean, the fuel itself is carbon neutral, but the CoČ in it is drawn from fossil fuel power. Also power is actually generated, as the system merely functions as an energy carrier for renewables. Stuff would be much more efficient if you just cut out the middle man.
IE, instead of going:
Fossil fuel plant = CoČ + Electricity => CoČ + Green Electricity = Green Methanol => Cars
Just do this:
Renewables = Electricity
Fossil Fuel => Cars
((While fossil fuel plants are still more efficient than cars, the losses from methanol production, hydrogen hydrolysis, and other systems far outweight the benefits. Really, this is basically the entire idea of hydrogen cars, only the hydrogen is processed into Methanol))
I'm studying Nuclear Engineering, so I'm pretty biased in favour of using nuclear for base load generation (~75%) with the rest made up of sources that are easier to activate on the go and renewables to cover the last little bit. In order to account for those fluctuations in energy consumption pumped storage might be the best bet, and then you can use clean nuclear power generated over night to pump the water up, then allow it to run down during the day, generate the needed power then, and actually turn a profit doing it.
That seems a bit high for baseload, nighttime usage falls quite a bit below 70% of peak demand.
I wasn't sure of specifics, but I remember reading that France generates something like 80% of their power using nuclear, so I took a number from that. And even if we do generate surplus power, then that's all the better for pumped storage.
France doesn't use Nuclear for baseload. Roughly 1/3 of their plants run in load following mode. (Specifically, the third that has been refuelled in the last 6 months.) This is the main reason that French nuclear only has a capacity factor of about 80%, and why France has such a large pumped storage capacity in comparison to other European nations.
The water storage seems feasable: going off this google result the costs are about $100/MW-hour but as low as half that under ideal conditions (even demand for eight hours). But a reasonably economic solar project would be cheaper then nuclear+storage combined when it comes to meeting peak demand. On the other hand, every time it rains you get free energy!
There's an old mine near my parents' cottage where the pumped storage was proposed, so it's definitely been discussed before, and doesn't look to hard to implement if someone could find the political will to do it.
Well, for Europe the decline of pumped storage is mainly due to a massive overcapacity in the European grid, which is a result of subsidized renewable power.