Amazing to me that on a platform that is the epitome of the power of decentralization we don’t see the same advantages with energy production and storage.
I am not in favor of development of nuclear power for 2 reasons:
Uncertain future costs. Building a nuclear reactor is very expensive and takes a long time. The cost curve for renewable production (solar, wind) as well as storage (batteries) has fallen so dramatically in the last decade it’s impossible to make a financial commitment to building a nuclear plant. That’s why there are very few applications in the US (https://www.nrc.gov/reactors/new-reactors/large-lwr/col/new-reactor-map.html) - nobody wants to financially back an investment that is likely a money loser.
Grid security and stability. Having centralized power sources has exposed the US grid to inadequate security and protection from attack (https://www.tripwire.com/state-of-security/problem-us-power-grid-its-too-vulnerable-attacks#:~:text=Regrettably%2C the electric grid is,matter of short-lived inconvenience.). The solution is decentralization, which occurs naturally when solar/wind and batteries are used for storage. For those arguing battery technology and deployment is inadequate and impossible for grid stabilization, there is an easy solution to this problem - VTG. We are deploying hundreds of thousands (soon to be millions) of EVs. Vehicle-to-Grid technology can solve the storage problem with renewables very easily and in parallel to the goal of transitioning to renewables.
Amazing to me that on a platform that is the epitome of the power of decentralization we don’t see the same advantages with energy production and storage.
I am not in favor of development of nuclear power for 2 reasons:
Uncertain future costs. Building a nuclear reactor is very expensive and takes a long time. The cost curve for renewable production (solar, wind) as well as storage (batteries) has fallen so dramatically in the last decade it’s impossible to make a financial commitment to building a nuclear plant. That’s why there are very few applications in the US (https://www.nrc.gov/reactors/new-reactors/large-lwr/col/new-reactor-map.html) - nobody wants to financially back an investment that is likely a money loser.
Grid security and stability. Having centralized power sources has exposed the US grid to inadequate security and protection from attack (https://www.tripwire.com/state-of-security/problem-us-power-grid-its-too-vulnerable-attacks#:~:text=Regrettably%2C the electric grid is,matter of short-lived inconvenience.). The solution is decentralization, which occurs naturally when solar/wind and batteries are used for storage. For those arguing battery technology and deployment is inadequate and impossible for grid stabilization, there is an easy solution to this problem - VTG. We are deploying hundreds of thousands (soon to be millions) of EVs. Vehicle-to-Grid technology can solve the storage problem with renewables very easily and in parallel to the goal of transitioning to renewables.