Friday, July 26, 2024

Electrification Without the Infrastructure

Together, mandates for electric vehicles and electrification of space and water heat will likely double electricity consumption and peak demand.

Coupled with policies that mandate supplying the nation's electricity with zero-emissions resources, notably intermittent wind and solar power, not only will electricity prices continue to increase but the ability to meet consumers' increased demand will become more problematic.

One would assume that mandates requiring consumers to switch to electricity would recognize the need for the additional infrastructure needed to meet increased demand.

The same relationship holds for electricity, especially as electricity becomes the "Fuel" for more end uses: higher electric prices mean reduced economic growth, leading to a lower standard of living and greater economic hardship for consumers.

To address the lack of needed electric infrastructure, instead policymakers plan to restrict access to the electricity they have decreed consumers must use.

The idea is to "Manage" electricity demand rather than build the infrastructure necessary to allow consumers access to the electricity they need when they need it.

For large commercial and industrial customers, it includes interruptible contracts, whereby the local utility or grid operator can shut off the customer's electricity for a specified duration in exchange for a lower electricity price. 

https://wattsupwiththat.com/2024/07/25/electrification-without-the-infrastructure/

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