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True electricity abundance (like posited by fusion reactors) will enable an incredible amount of new advances and technology.
by greedo 3y ago
True electricity abundance (like posited by fusion reactors) will enable an incredible amount of new advances and technology.
- oezi 3y agoWe will see electricity over-abundance in the text 5 years for all months around summer. The build-out plans in the world are crazy in the medium term.
- anonporridge 3y agoOf course it will. But the economics still has to balance out. Zero and negative prices would have to be subsidized to maintain economic viability, which just means the actual price is hidden.
- greedo 3y agoIt's not a zero sum world economy...
- anonporridge 3y agoI don't understand how you extracted that from my comment above. We obviously live in an insanely positive sum world. That doesn't mean systems can run sustainably at a loss.
- greedo 3y agoEnergy abundance doesn't mean at a loss. It just means that excess energy that would go to waste can be used very cheaply, for all sorts of stuff that never would have been able to be accomplished before. Take CO2 extraction. It really isn't feasible, partially due to cost. But with free energy, it becomes more feasible (ignoring all the technical hurdles). Recycling becomes more efficient, all sorts of processes that are better for the environment but currently expensive will become possible.
- adrianN 3y agoFusion is not a path to energy abundance. There is zero reason to believe that fusion will be cost competitive with other sources of energy.