And electricity is a ratchet.
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RE: https://social.coop/@ZaneSelvans/116150498193201477
And electricity is a ratchet.
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RE: https://social.coop/@ZaneSelvans/116150498193201477
And electricity is a ratchet.
@ZaneSelvans A classy, bougie, ratchet to be precise
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RE: https://social.coop/@ZaneSelvans/116150498193201477
And electricity is a ratchet.
What I mean here is that every time oil & gas prices spike, it will inspire another wave of solar + storage + electricity substitution investment somewhere. That infrastructure is functionally permanent, and each wave of deployment will drive costs further down learning curves.
If you're oil & gas, orchestrating chaotic near-term price spikes may be more profitable than accepting gradual, organized long-term electricity substitution. But it seems like it probably also brings the end-game forward.
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What I mean here is that every time oil & gas prices spike, it will inspire another wave of solar + storage + electricity substitution investment somewhere. That infrastructure is functionally permanent, and each wave of deployment will drive costs further down learning curves.
If you're oil & gas, orchestrating chaotic near-term price spikes may be more profitable than accepting gradual, organized long-term electricity substitution. But it seems like it probably also brings the end-game forward.
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