Locator: 48421LDC.
From April 2, 2025: the sixth industrial revolution -- this LDC story is getting wilder and wilder by the day.
Headlines:
Another story not widely reported:
- state-regulated utilities have long-term contracts to provide "x" amount of electricity to legacy industries;
- many of these industries no longer need all that electricity, but contracts force utilities to "reserve" large amounts of electricity for these legacy industries -- think paper mills, textile factories
- these contracts / quotas leave very little wiggle room for new industries -- think LDCs -- which now require new electricity-generating plants
- one solution: Amazon, Alphabet, Meta buying legacy industry sites not for their original purposes but for the contracts to supply electricity --
- having said that -- the amount of electricity used by these legacy industries pale in comparison to what the new LDCs will require.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.