Yes, it is possible, but it may not be economical.
There have been many ideas proposed for this exact scenario. For example aluminum smelters, bitcoin mining, and AI data centers. However, if you are going to invest in an industrial/commercial process, it usually isn't economical to just run it part of the day, even if the electricity is very cheap.
Instead of using the extra electricity in an industrial/commercial processes, another idea is to store the energy generated, then use the energy when there is high demand.
Terrapower is a company backed by Bill Gates that is building a nuclear reactor in Wyoming. The reactor is going to be tied to a salt storage system so when the electricity demand is low, a storage tank with molten salt will be heated up. When electricity demand is high, the molten salt can be used to generate more electricity. This way, the reactor always run at 100% output and you just vary the amount of heat that goes to the generator or the molten salt.
The concept of molten salt storage isn't limited to nuclear power, there are other people investigating the same thing for solar power installations. When there is a lot of sunlight and too much electricity, you use the extra power to heat up molten salt. At night, you can use the hot molten salt to generate electricity.
Other possible energy storage systems include hydroelectric dams (when you have extra electricity, pump the water back into the dam), or pumped storage of high pressure gas in underground caverns. The most obvious energy storage system is batteries.
The trick is to come up with something that is economical.
Is it possible?almost always has ayesanswer – jsotola Jul 05 '24 at 20:20