3 ms·
The assumption you used helps to answer your question. "at a profitable rate" So this assumes that the chicken-and-egg electric car/infrastructure can evolve
by neogodless 8y ago
The assumption you used helps to answer your question.
"at a profitable rate"
So this assumes that the chicken-and-egg electric car/infrastructure can evolve together profitably while reaching critical mass. (To be sure, I believe they can, but it will take either government or brave investors to get there.) So the question really is "can $6T be divided up into the cost of whoever is paying for it, i.e. electricity users to maintain profitability as it is built?"
If you assume the answer is yes, there is no question!
(As for the "maintaining the grid", yes, obviously we are already maintaining it profitably. No need to build critical mass/adoption or initial infrastructure investment, so no interesting stories to write!)
- Brakenshire 8y agoYes, you’re right that is the important assumption which needs to be proven or disproven, all I’m saying is that the $6T is immaterial, if the investment can be done profitably it can happen very quickly, if it can’t then it won’t. Also worth saying that how many years in the history of the electricity grid has demand not been growing? That may not be the normal state recently, but it has been for the majority of the history of the industry.