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I'd rather we ask how quickly demand can be transferred to other energy sources, like electricity.
by danans 19d ago
I'd rather we ask how quickly demand can be transferred to other energy sources, like electricity.
- snarfy 19d agoElectricity is not a source though. Do you mean solar, nuclear, and such? The demand is already there. It's the supply that is the issue.
- floro 19d agoWrong. Storage is the issue. In my town in switzerland we produce a surplus of solar energy, so much that we can't even sell it back to the electricity company. But the storage is too limited. The surplus during the summer doesn't translate to the winter months so other types of electricity generation is still required.
- cryptonector 19d agoGP means source as in for transportation.
- danans 19d ago> The demand is already there. It's the supply that is the issue. Somehow many societies are able to power a huge amount of transportation via electrified rail and bus systems. That's an existing solution that requires zero new technology. And of course there are EVs for places that somehow can't figure out how to do electrified mass transit.
- XorNot 19d agoThat is still demand destruction: under supply of a resource triggers substitution activity which means the demand for that specific good never returns after.