johnbbahm
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We do not have to consider the efficiency of the incoming electricity, only it's cost.anorlunda said:Read the e-waste link carefully. They qualified as a demand response customer who helps balance the grid by drawing power from the grid when needed for balancing. There is nothing said about putting energy back into the grid ever. Demand response is something that we do here in the USA. Demand response was the subject of a recent Supreme Court case.
Liquid fuel projects claim 70% efficiency converting electric power to the heart content of liquid fuel. That ignores the efficiency of creating the electricity or converting the fuel back into electricity by burning it in a fossil fuel power plant.
Of course the fuel could be used in vehicles or in direct heating furnaces instead of electricity. But you make it sound like the 70% applies to storing and restoring electric energy like pumped hydro does at 75% efficiency. They are not comparable.
By the way, I'm very skeptical of that 70% claim. If that were true, it would be more profitable for Midwest wind farms to make and sell fuel than to sell power to the grid.
Ditto for North Sea wind power. It is economically attractive for Germans only because of government subsidies. The true cost of that energy must include a portion of the taxes paid by the workers.
Carnot efficiency will still apply to any heat engine, but also applies to what the man made fuel would be taking the place of.
As to the providers making and selling their own fuel, I think it will need to be a large scale operation,
like a refinery.
I could easily see a country like Iceland making their own fuel, and fuel for export.
The first article I saw on this technology was from Fraunhofer University.
https://www.fraunhofer.de/en/press/research-news/2010/04/green-electricity-storage-gas.html
They envisioned using the natural gas grid as an energy storage mechanism, it might work in Germany,
In the US natural gas is too inexpensive to make it viable.
Still the ability to store surplus energy, however inefficient, is better than discarding it entirely.