A balmy autumn Saturday afternoon when electricity should be "dirt-cheap," New Englanders are seeing sky-high prices (relative to what they should be), link here.
Note the need to "import" expensive Canadian hydroelectricity. And EVs -- not even a 1% penetration yet. This will be fascinating to watch over the next couple of decades.
Interesting Elon comment at the Tesla Annual Meeting
ReplyDeleteEV penetration will approximately double current grid demand. Converting heating to electricity will make it a triple. (Dont know where he got the #s from but thats the very first time i've heard anyone actually say what the effect of electrification on grid demand will be in approximate numbers). Thought you might be interested....
Incredibly interesting and I don't think anyone is paying attention. Thank you.
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