A mix of renewables definitely seems like the way to go, but I also wonder whether we might start to see some seasonal industry based on power prices - bitcoin mines, or even aluminum smelters, which only run during summertime? Though I suppose less capital-intensive processes would make more sense.
replyThere is lots of talk of green steel in Sweden. The basic concept is to use the cheap energy during summers to produce hydrogen, and then burn that hydrogen to melt iron and make various alloys.
replySo far a few attempts have been made, lots of investments, but unfortunately it hasn't worked out yet.