Large thermal energy users should store thermal energy and export electricity on-demand.
modelling whether large thermal industry consumers (eg santos) could:
-electrify heating processes.
-source all energy from cheapest RE at cheapest time.
-build thermal storage on-site, to double the energy requirements.
-install electricity generators on thermal storage units, export electricity to grid on-demand.
-eradicate coal generation, compete with gas
Thermal energy storage can be 95% efficiency in recovery, when heat is the desired energy output. Therefore our large heat consumers should electrify and store their heat, and be paid by AEMO for demand shedding services.
Further, thermal industry could SELL electricity to the grid. By storing heat in excess of their operational requirements, energy recovery systems could generate electricity at morning and evening peaks.
The inefficiency of thermal energy recovery systems are redundant when on-site with a thermal energy consumer. The heat waste by-product is desired!
AEMO could also pay industry exporting electricity on demand at large quantities for stabilising the grid with FCAS services.
Expensive batteries are redundant if there is a revolution of thermal energy users to store thermal energy and export electricity on-demand, stabilising the grid to go 100% renewable generation, PLUS transitioning the large dirty gas users to electrification and RE.