> The bad news is that renewables, batteries, and transmission must ramp much faster to destroy demand for this shipped energy in the markets currently importin

> The bad news is that renewables, batteries, and transmission must ramp much faster to destroy demand for this shipped energy in the markets currently importing and consuming LNG. It's not simple. If a country/company has made capital investments in LNG procession or consumption (say an LNG electric power plant), they will want to get their returns on that investment. If the prices of renewables are much lower than LNG, then, those plants will not be able to sell their electricity, and go bankrupt. But that doesn't mean a loss of the capitalists. Many global south countries have built plants using foreign loans that will need to be paid whether the plant produces or goes bankrupt. So many countries will attempt to keep these LNG plants going for as long as possible.