This bodes well for the renewable energy transition around the world and it's also a strong reminder that the companies manufacturing renewable energy technologies are putting them where are most profitable, rather than remaining within their borders.
So increase it further and once increasing demand is the default in summer days allow companies to build storage right next to wind generation. The fact that they are only getting cheap renewable power for it's actual price instead of prices of that broken energy market makes commercial investment into storage worthwhile. So free storage infrastructure for the public, paid by private money making a profit.
In recent years I’ve been following the development of the energy storage industry. The latest video by Just Have a Think made me realize that an energy storage facility should use a variety of different technologies. Some would store energy for a few hours, some for days and some technologies would be used for seasonal energy storage.
I really think we need to start building these facilities. Not just pilot plants, but actual production scale facilities.
What almost everyone seems to miss is it's absolutely optimal situation to overbuild and waste electricity. Sometimes it's just not worth storing, until demand exceeds a lot it's not really worth storing large amounts.