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So if EV's cause electricity demand to go up by less than 1% per year, it'll cause inelastic demand to go up a small fraction of 1%. If operators can't expand
by bryanlarsen 8mo ago
So if EV's cause electricity demand to go up by less than 1% per year, it'll cause inelastic demand to go up a small fraction of 1%. If operators can't expand at that low a rate, we have bigger problems.
- boringg 8mo agoFull fleet of EVs would be 20-30 % of our annual electricity. Ain't no way we can acomodate for that on any near term timeline especially if you add in all the additional demand on electricity from AI/compute. Now if had money as a country and had a recent history of building actual physical things for a reasonable cost. Yes may we could get there -- but current state of affairs - broke and limited manufacturing ability.
- bryanlarsen 8mo agoThe timeline is decades, since fleet turnover takes decades.