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re: where will we get the juice for all these EVs?
Posted on 6/13/21 at 7:56 pm to yellowfin
Posted on 6/13/21 at 7:56 pm to yellowfin
quote:
If there’s a demand for it someone will supply it
I’m sure the same thing was said about gas when they started mass producing vehicles
Ok. Who will produce the roughly 76 billion kWh per month needed to makeup the shortfall EVs will create? And more importantly, how will they produce it?
Posted on 6/13/21 at 8:01 pm to Darth_Vader
I don’t know
I’m not in that business, but it sounds like there’s lots of money to be made so I may look at some good companies to invest in
I’m not in that business, but it sounds like there’s lots of money to be made so I may look at some good companies to invest in
Posted on 6/14/21 at 2:10 pm to Darth_Vader
quote:
Ok. Who will produce the roughly 76 billion kWh per month needed to makeup the shortfall EVs will create? And more importantly, how will they produce it?
According to this Reuters Report, we don't anticipate needing additional power generation to support EV charging until after 2030,but huge investments in generation are going to be necessary. If 80% of the cars on the road now were EV, it would increase overall electricity consumption by 10-15%.
Maybe some smaller modular natural gas peaker plants could add necessary capacity as a stopgap during the transition.
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