One and only one network
- Apr 1, 2021 11:34 am GMT
By 2050 at the latest, natural gas, and fossil fuels in general will be gone from much of the US (and the EU). Propane will be hard to get and expensive. Coal will be impossible, and wood will be too expensive, unless you grow it yourself.
That leaves electricity as the one network that brings energy to your premise.
Demand is going to at least double (if not triple).
In today’s world we replace less than 1.2 percent of the distribution each year(FERC) or in other words we rebuild the system every 83 years. More than 30% of it is already over firm.
We don’t have 83 years until we rely only on the distribution grid. We have at most 29.
No one at the national level (or even the global level) is talking about the need to fix the distribution system. The whole transition will come apart if people cannot heat their homes, charge their cars, or get to the internet.
One network, 29 years, twice the energy.
This is a social asset, you may be able to afford to escape the network, but 80 percent of developed country citizens can’t.
The clock is ticking.
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