This may seem a bit provocative given current energy prices, and expectations/worries of shortages this winter or next year, but some long term trends are worth considering, as they will shape not just the energy markets but a lot of other economic activity.
People like to dry their clothes as they run laundry so the dryer example would need to be very predictable but having air conditioner that make ice could be a good way to shift demand yet retain performance
I would place this as one of the most important pieces I’ve read in a long, long time! How eye-opening. What a different future vision than I had been thinking of. Thank you!
And one conclusion that should be obvious - there is no long term future for merchant renewable energy projects so that fantasy of governments (that think they avoid "subsidies") should be killed once and for all.
People like to dry their clothes as they run laundry so the dryer example would need to be very predictable but having air conditioner that make ice could be a good way to shift demand yet retain performance
I would place this as one of the most important pieces I’ve read in a long, long time! How eye-opening. What a different future vision than I had been thinking of. Thank you!
Great write up, Jerome! You might enjoy reading a similar piece I wrote a while ago. https://open.substack.com/pub/fallacyalarm/p/charged-up?r=157w3s&utm_medium=ios&utm_campaign=post
And one conclusion that should be obvious - there is no long term future for merchant renewable energy projects so that fantasy of governments (that think they avoid "subsidies") should be killed once and for all.