For me personally ESS. That and an EV Truck. But they are not cost efficient vs the current market...which is why I think energy companies that pay good to great dividends are a great buy for the next 5 years or so...
https://www.elpasotimes.com/story/sp...ns/3287734001/
Originally Posted by WTF
Seems like you disagree with the answer that I posted on gas prices and Imma guessing you would disagree with this motivation speaker talking about the future of energy price impacts:
“I would say first of all thank you for being a fighter, for knowing that we have reason to have faith in what is possible but we have to work to make it achievable and that includes what folks did to get out and vote in 2020 because that led to – I think of it like this – people put in their order and said this is what I want.”
To me Energy Storage Systems (ESS), aka batteries, are about as earth unfriendly as most everything and costly, notwithstanding expensive (price). Same would go for that $80K+ truck you mentioned. There are some substantial drawbacks in the price and cost categories. Where you said cost, I interpret as price, as in price to acquire. Where I say cost is the production of and resulting dependencies and depletion the manufacture produces.
Here's an interesting tidbit I ran across recently: It you take all of the existing ESSes in the world today, you would have enough energy to power the world for 8 minutes - best case scenario. Obviously the ESSes are not interconnected, so there is that. Basically, it is a simple math of total MW stored and consumed currently.
In the case of the EV truck: Let's say it has a range of 300 miles and you want to go from El Paso to Beaumont, roughly 740 miles, for a three-four day holiday weekend with your family. You can even assume it is not during a blizzard that closes down the highway and leaves you stranded for a day or so. (but that scenario could happen). How does that work? Or are you expecting there are battery operated passenger planes as the motivational, aka aspirational speaker above seems to imply? Just vote and viola! Miracles happen.
In a capitalistic society, looking forward on where to invest is prudent. So I'm a little surprised you would be looking forward yet keeping the old technology in your field of vision. I'm not saying it's entirely hypocritical, but it sure seems odd to vote for the future while making bank on believing the past is still the viable future. Pardon my confusion.
P.S. Be honest here; that article is pretty typical of the greenie-weinie deal ilk, though it has some reasonable info in it - like defining ESS. Amirite?