Clean energy needs robust energy systems while using the fewest resources possible to compete with fossils
Stable
Energy Density
Energy density is the amount of kWh that can be produced per square meter and it determines the fully loaded cost of renewable energy supply. The lower the energy density, the more transmission, and copper per unit of energy is needed. All modern markets, particularly urban, have exhibited transmission avoidance behaviors leading to natural gas’ increasing market dominance since 2000.
Stability
The costs of not having stability for renewable energy are:
-
Increased kWh cost
-
Inducing in practice large-scale natural gas deployment
-
Higher cost of capital
-
Unpredictable ROI
In total, these costs are penetration killers. In order to correct these issues on average, wind and solar power's initial capital cost would have to increase to $15,000/KW. Without the stability Adaptive Hydroᵀᴹ and other GenH technologies can deliver without storage, renewables are still at a massive disadvantage and are actively creating ever more advantages for fossil fuels. At 90+% capacity factor, most of renewables' economic issues go away, since amortization is maximized and the cost of capital borrowed halves from 10% to 5%, due to increased stability in the output.
Capacity Factor
Capacity Factor is the critical variable in energy economics as it affects both the amortization rates and the interest rate. Operating at high capacity factors with variable resources requires a new design and methodology. To date, GenH is the only company or group that has focused on the critical economic and share acquisition path with 90+% capacity factors.