Having an EV as one's only car could certainly be a challenge,
depending on where you live, where you work, how much you drive,
charging infrastructure, etc. Having an EV in addition to a
gas-powered vehicle is pretty sweet. For the majority of the
population, recharging at home at night isn't an issue.
Regarding the grid, this is where I work. The main issue
is peak demand. There's a lot of available capacity, but not
during hours of peak consumption. And no utility wants to
invest capital in adding capacity when it's only needed for a small
fraction of the day. Load shifting and increasing storage
capacity can help solve this issue.
Matt & Steve talk about how the next bull market will be led
by companies/industries different from those that led this bull
market. I agree, and there's a very good chance that green
energy, energy efficiency, decarbonization will be part of those
leading segments. Massive investment already taking place.
Posted by retirefire on 19th of Aug 2022 at 05:01 pm
60 K for EV and 30k for regular is out of reach for America
especially with utility costs about to explode. I don't think
anty refineries have been built in over 40 years. The goal
isn't to convert everybody to EV but simply less cars.
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Having an EV as one's
you knew this was coming
Posted by rjdst on 19th of Aug 2022 at 03:56 pm
Having an EV as one's only car could certainly be a challenge, depending on where you live, where you work, how much you drive, charging infrastructure, etc. Having an EV in addition to a gas-powered vehicle is pretty sweet. For the majority of the population, recharging at home at night isn't an issue.
Regarding the grid, this is where I work. The main issue is peak demand. There's a lot of available capacity, but not during hours of peak consumption. And no utility wants to invest capital in adding capacity when it's only needed for a small fraction of the day. Load shifting and increasing storage capacity can help solve this issue.
Matt & Steve talk about how the next bull market will be led by companies/industries different from those that led this bull market. I agree, and there's a very good chance that green energy, energy efficiency, decarbonization will be part of those leading segments. Massive investment already taking place.
60 K for EV and
Posted by retirefire on 19th of Aug 2022 at 05:01 pm
60 K for EV and 30k for regular is out of reach for America especially with utility costs about to explode. I don't think anty refineries have been built in over 40 years. The goal isn't to convert everybody to EV but simply less cars.