If something is not 100% fungible, it can still be fungible to some extent. Given the size of our electricity grids and to a lesser extent the capacity to store

If something is not 100% fungible, it can still be fungible to some extent. Given the size of our electricity grids and to a lesser extent the capacity to store energy, electricity is definitely fungible at some level. I don’t have the numbers but I’d say this level is pretty high.