Been following Mr Seba since 2012. We sold our (oil) engineering company at the peak in 2014 and have never looked back. The industry and supply chain has never recovered since the downturn (2014). His long term numbers have been very accurate.

@alexharvey9721

3 жыл бұрын

The 0.01% of people who actually listened, congrats!

@sk.n.9302

3 жыл бұрын

Been following since 2015. Was working in oilfield services. Everyone was dismissive of renewables. After oil downturn in 2014, Ronnie is right, industry has not recovered, despite fact many Wall Street anslysts said opposite. This is whenTony’s numbers & predictions have been spot on.

@Mainehunter2

3 жыл бұрын

That’s funny. I am working for a company that decided to go heavy into Oilfield in 2011-2012. (We do machining work). I was laid off Jan 2014 and we stopped doing all oilfield by 2018 (I came back in 2016). Now we do mostly parts for medical companies and others. It’s interesting to see how you were all affected during the same time frame. And we nearly shut the doors after that mistake in 2014 but pulled through.

@sk.n.9302

3 жыл бұрын

@@Mainehunter2 Yes, seems like a lot of paralel experiences w/ a lot of ups & downs. You’re lucky your company was able to pivot into a more stable industry with a future! Oilpatch set for a rebound this year, but it’ll be interesting to see what happens after this.

@Leopold5100

3 жыл бұрын

good to hear

They can ignore it, they can fight it, they can delay it but they won't be able to stop it. "Nothing is more powerful than an idea whose time has come". Victor Hugo.

@christopherhollowell6926

2 жыл бұрын

We should be a skyscraper where they replace the glass panels with steel girders and the steel girders with glass panels

More people need to see this. Instead, the people with strong personalities, gimmicks, promises of riches in specific stocks, and clickbait titles get almost all views on this topic. The book Rethinking Humanity is a great work, I feel.

@bru512

2 ай бұрын

It's a great book, because it contains great "think"ing

Super Power can be used for things like carbon capture and water desalination. Amazing.

@bobwallace9753

3 жыл бұрын

Yes. Super power, generation that would otherwise be curbed, will send innovative people looking for more and more dispatchable loads that can use extra generation when it's available. Water starved places close to oceans can desal water and pump it to higher ground. We're running short of construction sand in some places. Rock crushers can pound rocks into sand when there's extra power. And if we use very abundant olivine rocks we can probably create concrete that captures and sequesters CO2.

@davidantill6949

3 жыл бұрын

@@bobwallace9753 Thanks. Your understanding is deeper than mine but we both are looking forward to the fruits of this. 😁

@macrumpton

3 жыл бұрын

Basically any process that is uneconomical because it uses too much power is viable again.

@dipladonic

3 жыл бұрын

I can't wait for all of these dilute and unreliable wind turbines and solar panels to come online so that they can generate power for heavy Industry, seawater desalination, carbon sequestration, green hydrogen, millions of electric vehicles, domestic heating/cooling/lighting and cooking etc etc etc (he said satirically!).

@mrspeigle1

2 жыл бұрын

TBH I think far more likely is that the price drop is going to result in an increase demand which will push the price back up. Crypto miners go wrrrrrr.

I am already doing super power, in Kansas. I have Solar and battery, and an EV. I even forced myself to do a 5000 mile challenge for my car of 100% solar powered. It was surprisingly easy.

@patriciadl3979

3 жыл бұрын

WOW! awesome!!

@ianhamilton3113

3 жыл бұрын

@@patriciadl3979 Agree.

@vinyllpreviews9462

2 жыл бұрын

Where you live in Kansas?

@JasonCarmichael

2 жыл бұрын

@@vinyllpreviews9462 Wichita

@vinyllpreviews9462

2 жыл бұрын

@@JasonCarmichael I'm from Clifton NC Kansas, got a Tesla Model 3 but no solar. Love to see fellow Kansas with electric cars. I'm the only one in my one horse town. Even got an e mail congratulating me on my Tesla, first Tesla bought in Clifton KS, lol, I'm keeping it for the day they're everywhere.

Building more storage capacity is a substantial advantage, because it can Reduce the need for historic power plants (often fossil fuel coal/gas plants). Sun energy can be saved, and used for later. The single biggest argument against renewable energy is because it does not generate power 24 hours a day. Imagine clean energy available 24 hours a day. Many different storage methods are becoming available as brilliant people in the world seek to create a better future. :-) Gotta Love clean energy and a healthy world.

@oliverberger5946

3 жыл бұрын

It seems you didn't understand quite right. Yes you need storage, but it is the overcapacity of wind and solar that reduces storage needs dramatically, to just 4 days. 😉

@Junglebtc

Жыл бұрын

@@oliverberger5946 overcapacity? Where ? In any country or grid ? Have you data to show where this is happening

@oliverberger5946

Жыл бұрын

@@Junglebtc It is a calculation. The result is that with 4 times overcapacity of solar and wind, the overall cost of solar+wind+batteries is minimal. No need for very big and very costly storage.

@rogerstarkey5390

Жыл бұрын

@@Junglebtc And now Tesla have published the plan.......

Mind blowing numbers! We are indeed looking into a major energy disruption. Thank you very much for sharing this video :)

@StefanvanderFange

3 жыл бұрын

stupid trolls and scammers

Tony, you are right! our household has two ICE Toyotas with almost 200,000 miles each that we bought new. We are waiting to buy an EV. We probably would have already bought a new car, but we keep our cars a long time and we want it to be a good one. So we are waiting to buy a Tesla with the new 4830 battery pack. I wonder how many people are waiting like we are?

Hi Tony, I do listen to you: I just bought a new Tesla with Autonomous Driving ! 👍

@cyberslim7955

3 жыл бұрын

Stupid T-jung advertising everywhere! Buy a proper EV and save time and energy fixing it.

@daniele_go

3 жыл бұрын

@@cyberslim7955 What is T-jung? What is a proper EV? For 56K€ my Tesla M3 Performance is the best value for money, lots and lots of fun and definitely great to 'accelerate transition to sustainable energy' !👍

@cyberslim7955

3 жыл бұрын

@@daniele_go It's the worst value for money, you will see, when the junk falls apart.

@johnmolloy4878

3 жыл бұрын

@@cyberslim7955 suffering from Tesla derangement syndrome...

@cyberslim7955

3 жыл бұрын

@@johnmolloy4878 I did suffer from teslaritis, but my Taycan completely cured it.

Everyone is paying attention now. We appreciate your voice. 🌞💨🔋✌ As long we we keep thinking not just about $ cost, but environmental cost of these technologies as we transition, we have a chance at a more equitable future.

Awesome, I love your vision!

I love your presentations.

Tony Sebam thank you for all the work you do!

Clicked so fast. Though I have read the report end to end. Always good to hear inspiring Tony Seba

First video in 9 months and not disappointing, thank you! This topic seems to have very little focus, despite the massive importance. I'm sure you have far more insight than could be put into one video - it changes the fundamental equations of economies... in a word - everything. But I'm particularly interested how it will affect ore extraction and refinement, which are traditionally very energy intensive. Will things go smaller scale and dispersed with the grid and ore sites. Or will the vanishing cost of transportation make them more conglomerated? (subtle video suggestion :P) I can't imagine how frustrating it must be, living with such clear insights that nobody seems to really get. People are terrible at imagining outside of their own experience, even the inevitable. No matter how many times they're wrong or a source is right. I guess this is what Carl Sagan would call evolutionary baggage :P Unfortunately, no one learns. The world changes, it becomes normal, then people decide it was always like this and no surprise. The mind it seems is driven by comfort and confabulation.

The disruption to geopolitics doesn't get enough attention. Let's hope it is mainly to the good. When every country is self-sufficient in energy, the world becomes unthinkably different. 'Super-power' also allows for recycling on a scale unimaginable today, where every atom can be 'got at' and reused. A post-scarcity world becomes possible and we will only have to fear megalomaniacs, who seek power over others, simply for power's sake. Brilliant, hopeful video. Thank you.

Thanks for sharing this forward clear thinking!

Financial institutions, banks, pension funds, universities and insurance companies are divesting from fossil fuels. ESG investing is growing and money is pouring into wind and solar and electric vehicles. Fossil fuels companies have lost value and will continue to lose value. They are a bad investment for people and the planet.

You are brilliant and so right on!!

Tony, you're a brilliant visionary presenter, and you're right. I'm looking at the future with much optimism and can see the new economy growing. Let some new dragon play with the funds.

Thank you, stay safe. Keep up the research

Thank you, Tony! It's just too simple to not become reality against all existing lobbyism!

Would love to see this updated for 2024

Can somebody Tweet this to Scotty from Marketing 🇦🇺 Prime Minister of Australia

@peacemountain07

3 жыл бұрын

cc: to the german government - they limit the installation of pv and aliment the coal industry up to the late 30s :-(

@ramon2786

3 жыл бұрын

Too right! We are such an embarrassment...so short sighted and unimaginative. We should be a renewable superpower instead we are a lazy tax grabbing dumb economy🤦‍♂️🤦‍♂️🤦‍♂️

@meamzcs

3 жыл бұрын

@@peacemountain07 what the german gvmt is doing is basically the maximally stupid thing you can do. It makes energy expensive and doesn't even give you the best results...

@michaeljames5936

3 жыл бұрын

@@meamzcs It also keeps them beholden to Putin.

@rob28803

3 жыл бұрын

What’s it got to do with the prime minister. We aren’t living in a totalitarian dictatorship (such as you would like by the sound) and the PM doesn’t and shouldn’t control everybody’s lives. Federal govt merely sets policy. If solar makes economic sense, it will prevail, all by itself. The states build the power infrastructure. In any case, solar is a goer, but wind turbines are death traps for birds, millions killed. They look bloody awful, they’re dangerous, noisy , are overly complex and expensive.

The main issue is that as you approach 100%, the edge cases get to higher and higher peak prices. Thus peaker plants will still be economical, however they will have a low capacity factor. Edit: Also, you will have to transport the power. You can do this using existing wires if you accept higher losses, but in many cases you will not be able to deliver enough. This indicates that you must add additional flexible demand and transmission lines to the cost. You could use the existing grid connections at nuclear power plants to power electrolysis etc. which also enables you to use the NPPs as backup energy sources. If you have 1GW from the NPP and 1GW from the grid going into 2GW of electrolysis, you can turn it around into a regular 1GW nuclear plant when you need to do so. So the benefit of superpower will also apply to NPPs.

I am deep diving into Seba’s content with an open mind to better understand. Most recently reviewing Annual Reports and Strategy documents of Exxon and TC Energy owner of Keystone XL. Two interesting patterns emerge. 1. Efficiency. Buying low cost oil fields with below $30bbl cost, and 2. Manipulating business attractiveness with buybacks, cash flow and spinoffs/sales of expensive oil businesses. What do they see? What are they preparing for?

This is basically the same calculation we made a few years ago with regard to the electrical supply for an off-grid laboratory with solar energy only. First, you don't need a battery for many days of supply as long as the location is suitable (wind energy would solve that problem for most or all countries probably). Second, the more solar panels you have, the cheaper it gets (to some point, of course). Third, on most days, you have a lot of electricity you don't need.

I am grateful this is based off of pure, simple economics. If there’s anything we’ve learned in recent years it’s that we can’t count on politicians or a large percentage of the population to support things that make sense.

Tony thank you for your work. I have never heard any one talk about old solar. This when the solar panels of a solar farm need to be replaced. NextEra openly state that solar costs 2 cents per kwh to generate. I assume this would be the 20 year amortised cost of building a new solar farm. The new amortised cost of the next 20 years should be much lower and not because the panels would be cheaper but because the company would not have to go through the design and approval process and all of the structure that the panels sit on would not have to be replaced. The new amortised cost should be around 1 cent per kwh.

Outstanding piece of information!! Thanks for sharing Tony 👍🏽

Absolutely worth watching and listening too

Solar and wind are cheap as long as you don't provide needed backup. If it's really the least expensive then you would not need all the subsidies. So why are the locations that have the most wind and solar have the highest cost electricity? Just look at Germany an California as examples. You can also look what happened in Texas. During the extreme cold the wind died and the solar panels were covered with snow. Just think what would happen if they had 100% wind and solar.

@murraygrigg

3 жыл бұрын

Ray. Until battery arrive in the ratio of 12 hours per 12 hours of solar then it is not continuous. You might only need 6 hours per 18 hours of wind. We are even 1 minute per 24 hours when you look at all the solar and wind in America.

Nobody is talking about the poles and wires, and the transmission grid, these are more expensive than the plant when you stay with central power plants that dispersed electric energy to the ends of the grid. The dispersed energy of Renewables can be gathered from the ends of the grid. And used and stored at the ends of the existing grid. The EV battery is connected to the ends of the grid 24/7, except for the daily drive, 7kwh, and then self parking onto a wall plug.

@rogerstarkey5390

Жыл бұрын

Does t work, because it still needs "a grid". Solar on roof Battery (fixed) in home, Collect power *all day* (including power to home) Power home and charge car overnight. Essentially remove the home from the grid. No complication.

@stephenbrickwood1602

Жыл бұрын

@@rogerstarkey5390 the advantage of having the existing grid is that the drive to work, for example, means that when you reconnect to the grid at your destination the grid knows your vehicle, and the amount of electricity into the grid from your home and the amount into your vehicle at your destination is accounted for and only the extra feedin is credited into your final monthly power bill. Just as the grid filled with electricity from the central power plants, now the grid can be filled with electricity from the ends of the grid. All EV batteries are connected 23/7/365, and all the homes and all other buildings are connected 24/7/365. The one hour a day the EV is not connected is the hour of the daily drive. The buildings support the grid supply as needed and the EV battery can absorb or supply electricity. This allows the grid to have huge storage capacity at the millions of ends of the grid. My power bill is measured remotely and emailed to me. The computers can easily combine all the power trading from me. It is just my home and my vehicle identifying itself when plugged in to the grid. If we treat the power as extremely cheap renewable energy then the existing national grid will make it's profit from our connection fee. The EV computer can also track its trading of electricity. This arrangement makes excellent and full use of the existing national grid and the millions of renewable resources and the soon to be existing EV big batteries. We all need the big long distant battery capacity in our vehicles. Most people think in the old way of driving to the 'garage or petrol station ' and filling up in a massive recharging of the EV battery. The rapid charger will be everywhere with its own bigger industrial battery slowly absorbing power from the grid to rapidly discharge into the EV when it drives up. This arrangement unloads the rapid and huge demand surges on the grid. This industrial battery probably only needs to be the size of a shipping container. We have them now as community batteries in the suburbs allowing more home rooftop solar generation. It is a trial and helps stabilise the grid. It is a time of transition. We have 5 or more Tesla vehicles in the local neighbourhood and the kids are counting them. Hahaha. I have constructed a coal and a gas fired electricity plants and a transmission power line, 830 towers. As part of the construction site management. I am an old Construction Civil Engineer contractor. I have grandchildren. My undergraduate friend is now a Nuclear Engineer and looks at the construction side of his favourite technology. Big money is looking at the electric future and pushing hard for government involvement with their guarantees. They want to be locked in before all the Renewables kick in. Battery technologies evolving rapidly now. All homes have 32m2 of windows and that much 'windows' on the roof at half that price is a good start. Most months of the year have enough daylight to be valuable. Even extra panels will be a small amount of cost. Keep the existing national grid and power plants and slowly reduce the central power plants in put. The new batteries will give the existing stability and protection from renewable fluctuations. Germany grid stability was a big problem as it rapidly ramped up solar power

@stephenbrickwood1602

Жыл бұрын

@@rogerstarkey5390 the 'second' battery at home is an expensive and unnecessary addition. Just stay connected to the grid. The vehicle comes with a 'free' big battery. Hahaha 😊 Some homes have two vehicles. As an example Australia has 20million vehicles and 20million buildings. A happy coincidence. The USA has 300million vehicles and 300million buildings, all with roofs. These are structures that support the new roof 'windows' up high and at the point of power usage. Farm land for solar farms are not needed and extra grid build is not necessary. Extra central electric power is not needed in the electric future.

@stephenbrickwood1602

Жыл бұрын

@@rogerstarkey5390 that was much more than I meant to write, Hahaha. Just wide awake and free to speak up at the moment.

Are there any concerns about material shortages world-wide with such a huge demand in this super quick transformation?

@-whackd

3 жыл бұрын

Batteries can have all sorts of different chemistries and can be recycled for their component chemicals. Battery density doesnt matter as much for grid storage compared to EVs, so chemistries other than li-ion can be used.

@pulga0907

3 жыл бұрын

@@-whackd correct, I make similar arguments, and I even expand it to other potential forms of storage, yet I worry that may break the cost-reduction trend... although, to be fair, it may as well make it drop even more.

Thank you Tony, you are amazing at data and forecast analysis.

Huge fan. Love our Offgrid SWB system. Sold the S to get the Y. Too much fun driving past the gas stations and charging from the sun. Keep putting the message out!

@Junglebtc

Жыл бұрын

Is the electricity for charging your EV coming from renewable energy 🤔

Here in northern Europe we expirence high presure weeks (no wind) during winter (low sun, large requirement for heathing). Should we start chopping down forrests on day 3?

@Psi-Storm

3 жыл бұрын

Central Europe you mean? Northern Europe has more than enough water generation even for the toughest winters. In his model he has an abundance of energy for over 50% of the time. If that energy is more or less free, you can produce hydrogen and biomethan out of it and return it to electricity in those bad generating times.

@gliderguld

3 жыл бұрын

@@Psi-Storm When there is an easy (=cheap) way of storing H2, that might take off. I think alternative chemical ways of storing energy should be considered: NH3 or CxHy.

I've followed Tony for a while now and have been incredibly impressed with his presentations and logic, let alone how accurate he's been, especially when compared to the propangda and biased media, w.r.t. Coal/oil/gas. Probable due to not biting the hand that feeds-them. However, have you seen the recent video from Chris Martenson, another GREAT chap, with knowledge, logic and accuracy, where he highights the problem of obtaining the required commodities to build Solar Cells and Wind turbines. It seems to be utterly prohibitive, if 'they' are made the same ways as they are today.

@J4Zonian

Жыл бұрын

Kevin Antschak-Brown You’re spreading nonsense. Actual evidence shows there are no practical limits to the minerals needed for renewables to power the world. See David Roberts, “If I can answer this very specific question about mineral shortage - it’s an absolutely bogus problem.” Kingsmill Bond "All the Metals We Mined In One Chart” weforum 2021/10/14 “There is enough lithium, for example, in known reserves today to be able to satisfy over a century of current demand. [& reserves are increasing.] There’s enough cobalt in the world for 1 billion cars. [& EV makers are reducing or eliminating the cobalt they use while reserves increase. Not so with other industries that use it, like fossil fuel & chemical industries.] As demand increases, prices go up, people build new mines and reserves increase. [And the price comes down.] These are absolutely fake problems.” Canary Media "Renewable energy will increase security and lower geopolitical risk, study shows" "The transition to renewable energy will make the U.S. energy supply significantly more secure not only by decreasing the mining and materials required to build fossil fuel systems, but also by avoiding the political risks that threaten fossil fuel supply chains, according to research from Rice University’s Baker Institute for Public Policy". Houston, Oct. 4, 2021.

@kevinantschak-brown3511

Жыл бұрын

@@J4Zonian "The lady doth protest too much, methinks". The counter argument I made, without peronal attack (which history highlight is invariably a sign of weakness in someones argument), is that the TIME required to mine all the needed minerals makes the implementation WAY more difficult than just the idea. I am also a HUGE fan of Tony, so don't feel it is REMOTELY fair for the 'play the man, not the ball' style of counter argument you have put forward. How can one have a discussion/debate when it turns to a personal attack immediately?

@J4Zonian

Жыл бұрын

​@@kevinantschak-brown3511 The declaration of an emergency and real action solves the mining time challenge. Efficiency & wiser lives are already reducing emissions more than anything else, but have barely touched the potential. That can be ramped up very quickly while the 2-3 years it takes to plan & build a wind, solar, or geothermal generator is passing. By the time there’s any possibility of a strain on lithium or other mineral supplies a wise government will have thought ahead & solved the problem. More deposits, substitutes, complementary energy sources that are also complementary in mineral demands. Iron-air or NASA's solid state or other batteries. One of the successors to the Haliade-X uses an industrial waste material for its magnet and no rare earth metals. 33 lines of playing the ball, 1.2 lines of accurately describing dishonest tactics used relentlessly by anti-renewable fanatics, cherry picking endless problems & ignoring obvious solutions. Intentional or unconscious on the trolls’ part, after so many years I’m sick of it. -

@alan2102X

Жыл бұрын

Chris is a very nice guy, and he is right about some things, but he long long ago dug his heels in to a fixed position on energy, and cannot cope with the new realities (as outlined by Seba among others, Naam, etc.). Chris buys-in uncritically to terrible analyses from Mills, Michaux, etc., very easy to refute. But Chris buys in because it supports his fixed position. Too bad. Nice guy.

2024 Batteries are now Tony's accuracy is astonishing!

@newyorker641

2 ай бұрын

That is only the cell/pack price, not the whole storage system.

@newyorker641

2 ай бұрын

That is only the cell/pack price, not the whole storage system.

Sure it may end up free, Great ! BUT do we get a cleaner, greener environment ?

As was demonstrated in Texas a few weeks ago during the cold spell, you cannot be totally 100% dependent on solar or wind energies… You need to have fossil fuel as primary and have solar and wind as supplemental power

@shauna996

3 жыл бұрын

Four days of battery storage plus more wind and solar generation would have easily gotten Texas through that. That was what Tony just got through saying.

@shepherdsknoll

3 жыл бұрын

Wind and solar account for only 23% and 2% of Texas power .

@garysouza95

3 жыл бұрын

Scotland will achieve 100% renewable energy in 2020 and they are at the same latitude as Manitoba.

@Psi-Storm

3 жыл бұрын

Texas had the problem because they are using fracking gas that still had some water mixed in. Alongside them not isolating their pipe network, it froze over and all those fossil plants had nothing left to burn. Even their coal plants froze solid. This is just neglect of everyone involved.

Mr Seba, What about 3D Printed Homes??? Talk about disruptions - 3D Printed Homes will be as disruptive as your pictures of Horse Drawn Carriages NYC in 1900 and Cars 13 years later.!!!

Try running an Aluminium smelter with a continuous 500MWe demand with just a Solar farm and Gigabattery packs. The solar would need to have a 2000MW output averaged over 6hours then need at least18×500MWh = 9GWh batteries to get through the nights. That's capital cost of: 4×500,000×$1500/kW= $3billion + 9000MWh×$1000,000/MWh(= $9billion) = Total capital cost/kW. = $12×10⁹/500,000 = $24,000 per kW for 24/7/365 demand C.f Indonesia's 8×500MWe TMSR capital costs of $800 - $1000 per kW = 24 to 30 times the capital cost of a stand alone combined Solar + Batteries. (NOTE: Both supply 500MW × (6+18)hours = 12,000MWh/day)

Very encouraging and sobering info. Regards

Invaluable! Clear cut, way to go future scenario. The economical argument for transition towards renewables is more compelling than ever. I wonder how the transition will play out especially how the energy sector will reallocate resources to take advantage of the predicted growth? Considering Tony Seba's past accurate predictions in know where i am gone place my bets.

Thank you Tony!

He only spoke of dollar cost.mthe issue of having renewable energy I thought was about reducing the carbon emissions and reducing global warming. whilst there is little environmental impact of producing power with these renewables what about the cot of construction and maintenance of the panels, turbines and batteries and then the impact of tearing them down and disposing of them in a retentively few years and rebuilding new ones. that can have major environment impact in itself

This might work for the USA, but for high population density we would need on nearly every corner a windmill....Who will live with that. The land consumption of "renewables" is much higher than for a new technology atomic power plant. Even if I like the considerations of Tony Seba, I don't believe it will work in Europe in this way. If there is no wind and no sun (in winter), it will not help to double the windmills....

@tucsonor

3 жыл бұрын

Thats were the batteries comes in.

@MacGuyver85

3 жыл бұрын

There’s always light, hence the overbuilding of solar. Same with wind, rarely is there no wind. Add in a large geographic area and there’s always plenty of wind/solar somewhere.

Super abundant near zero cost energy makes vertical farming of wheat feasible, which has a huge yield per acreage. This is good for natural ecosystems and population growth.

Excellent. Smart to strive for Super Power ☀️⚡️⚡️⚡️

@kaya051285

3 жыл бұрын

Naming waste as 'super power' doesn't make it a 'super' idea If you are interested look at the UK government's plans which will get the UK to less than 10% fossil fuels (90% from wind solar nuclear and tradig with neighbours) for its eletricity network and this will be complete by 2030 In fact as I type this right this moment the UK grid is 64% non fossil fuel and for the whole of today that figure will be about 70% non fossil

@DSvideo7777

3 жыл бұрын

@@kaya051285 It seems we agree. Did you notice the Sun and 3 lightning bolts in my comment please? Perhaps I should have added the word Sun. Sun energies are the source of our energy (wind, solar, hydro, etc). (even old hydrocarbons were sun energy). The shift to renewable energies from the Sun is happening around the world. It may take 20+ years, but it will be faster than the prior time for the old fossil based systems.

@kaya051285

3 жыл бұрын

@@DSvideo7777 We should use less fossil fuels My point which you completely missed was that we don't need mass battery deployment or mass OVERBUILD of soalr and wind to have a low fossil grid I gave you am actual real.lofe example. Look at the UK grid today Tuesday 16th February 2021 will be 70% non fossil fuel We achieved this with close to zero battery and definitely no overbuild And by 2030 the UK grid will be around 90-95% non fossil fuel

@DSvideo7777

3 жыл бұрын

@@kaya051285 That’s enough. If you want to argue and tell then you have ended any chance for conversation.

@DSvideo7777

3 жыл бұрын

Yell

It would have been nice if Tony had gone into details about how he got the 3X-5X and the big multiplier when adding the extra 20%.

@BedrockLeadership

3 жыл бұрын

An illusionist never gives away his secrets.

@J4Zonian

2 жыл бұрын

@gr8bkset He did explain those.

@timduncan8450

Жыл бұрын

@@J4Zonian I have listened several times. Please give the time stamps or other where this is explained?

@timduncan8450

Жыл бұрын

I wish he would explain his numbers more as well. But from simple engineering we get directionally same. Solar cells are have “nameplate” ratings based on ideal condition for one cell. Simply multiple the cells in an array to the the system Nameplate power that everyone likes to use, Tony included I think. Reality; - zero sun at night, multiply Nplt # by 50% - clouds, dirty cells, morning & evening hrs of off angle (low absorption), x Nplt # by 50% or more - the inconvenient engineering fact that your worst cell (cells vary from mfg, get dirty, damaged and degrad with age) on each controller circuit sets the maximum capacity on that circuit. X Nplt # by ~80% - another factor is cell temperature, I have no numbers, but efficiency falls significantly when cells get hot. So Arizona at 5pm & 120F, sorry you will make Nmplt power. So Nplt Power of say 100w x .5 x .5 x .8 = 20w or 20% capacity factor on an average day. Tony seems to say, very optimistically in my opinion, that 5x Nmplt vs avg daily demand plus like a day of storage would be all that is needed to go off grid. In most regions with winter, snow, rain/clouds sand storms, etc 5x leaves little or no charging capacity to regularly & reliably fill the 24hr buffer. Also the 24 hr buffer is dangerously low for most regions.

@davestagner

10 ай бұрын

@@timduncan845020% capacity factor has been shown in practice in many places. And although it varies from place to place, at this point we have years of data on local capacity factor pretty much everywhere. He does take winter into account - makes a point of it, in fact, noting that others tend to ignore it. Is 24 hours enough storage in most locations? We’ll find out, because real-world practice is happening. What’s interesting to me isn’t the exact amount of storage needed (other than shutting up the “BUT WHAT IF THE SUN DOESNT SHINE AND THE WIND DOESNT BLOW FOR SIX MONTHS HUH?” crowd). Rather, it’s the idea of Superpower. The economy is basically just a measure of work (in the physics sense, not the labor sense), so a bunch of essentially free electricity is just begging for industrial application. The idea that heavy industry can only function on 24/7 grid availability is ludicrous. Given enough economic advantage, we will find ways.

Texas Governor Greg Abbot needs to watch this instead of blaming renewables for his state’s problems.

Energy should start to be free, as should everything else that gets post-scarce, like information technology. We should rethink the role of money and commerce, embrace technological disruption and get away with paywalls that should cease to make sense. True freedom is having abundant things for free - it's so obvious that it's what it means literally.

@cristianion2056

3 жыл бұрын

Not really for free. People cost money. Energy is just a smoll fraction of a product cost. People's wages are more important. So no free

Electric vehicles are just better. No noise, no emissions, less fuel costs, less maintenance costs. Gasoline and diesel are OLD polluting technology. So last century. Hydrogen is a waste of time and money. Electric cars, electric trucks, electric buses, electric trash haulers, electric snow blowers, electric lawn mowers, electric snow mobiles, electric water craft, electric garden tools, electric mechanic tools, electric motor cycles, electric bicycles, electric scooters, electric farm tractors, electric construction equipment, electric delivery vehicles, ...... everything is going electric. No worries about starting after sitting for a few months. Gas always needs repairs.

Very interesting indeed. No doubt Tony has a good grasp of the subject. However, in my long career as an engineer, I have found that in complex systems, random errors can pile up and your final conclusion could be garbage, UNLESS you do a few commonsense reality checks at the end of the whole exercise. I tried to do the same with Tony’s conclusions, and I came up with a few details that do not quite measure up to a commonsense check. Here are a few of them- 1. “Solar and wind are ALREADY the cheapest source of energy”. It absolutely does not square up with the trillions of dollars subsidy by the Biden administration!!! Utility companies in a capitalist system should be falling over each other to retire their coal-based facilities and replace them with Solar. They should be lobbying hard to make it happen. Instead, they are being pushed, screaming and kicking, into a Solar future. 2. “When I predicted in 2010 that the ICE would be obsolete by 2030, many thought I was insane”. Presumably, Tony brings this up to show how wrong his detractors were. WTF, 99.5% of the cars sold today run on ICE, how on earth can he claim to be proven right? "The lady doth protest too much, methinks". 3. When the consumption of Lithium and other rare materials rises 10,000% in a 100% Solar future, will the price stay stagnant… maybe not. Tony has provided some unnecessarily complex calculations. I am sure I could go into them and pick holes, which some of other commentators have already done. However, his analysis fails the commonsense teat, hence I feel no need to do so. In conclusion, I am saddened that sincere people, very concerned about the environment, are misled by such b.s., and base their personal and political decisions on stuff like this.

@Psi-Storm

3 жыл бұрын

1. You are comparing new energy production with written off coal plants. They aren't doing it because they are still earning money with the old plants, while for the new stuff they would have to invest billions. The only investment they are eager to do is paying politicians to keep the status quo. If politicians would decide that coal plants couldn't run after 2025, they would become greener than Kermit over night. 2. New Ice cars are finished by 2030. Many current lines won't even get a full revision anymore, just 1 or 2 facelifts in the next decade. The Euro 7 standard will make engine developing insanely hard and even big companies will have to cut down the engine choices to 1 or 2 over their whole product segment. 3. Lithium isn't a rare material, and far from the only option to produce storage systems.

Think about how quickly drones came in, or snowboarding, flatscreen TVS ...etc. !

Separate economies can expand around free electricity, buying your own batteries, charging your car, making hay (or aluminium) while the sun shines (or the wind blows) literally. Anything that can take advantage of a non-real time demand, or supply managed demand.. sound like a new term :) You heard it here first.

Most conservatives (Republicans in the US) strive with all their might to maintain or return to the "old days" and reject most thing that are a new way of thinking. Our challenge is to help them see that PROGRESS IS NOT POSSIBLE WITHOUT CHANGING THE WAY WE DO THINGS.

@fullychargedshow Maybe use this information in the 'news', of have a podcast with Tony Seba?

Gail Tverberg’s blog our finite world insight on renewable energy would help in gaining an alternate view of the future

@alan2102X

Жыл бұрын

lol she is so pathetic.

They certainly do wish they'd paid attention!!

Sweet!

Outside of perhaps some very special cases, why haven’t renewable lowered electricity prices even for publicly owned utilities?

WOW!!!!

Hello Tony, THANKS for this infographics! I have been asking this question about how much extra capacity needs to be installed for 100% solar+wind future, and could not find proper answers. The 4x is a great guidance. I live in Poland, and I am 10kWp PV user, with passive house, geothermal heat pump etc... but the amount of electricity generated during winter-months has been extremely low... I think that another existing technology you should consider that is HVDC - high voltage DC transmission lines from south to north to be able to deal with summer/winter times as 4 days of batteries and 4 times of annual generation capacity is not enough even with passive house...Also think about places much more north than Poland, say Iceland or Northern parts of Norway or Alaska... Currently I am also looking at biogas as we have bio waste that can be turned into methane - although this is expensive and work+maintenance intensive, but on the other hand gives reliable power during night time and winter time... what is your thinking on HVDC? and BioGas? please share your thoughts, THANKS again!

@ronaldronald8819

3 жыл бұрын

Hi Tomasz Thanks for your comment. I also have a passive house in the Netherlands and have the same problem you described but even now i run at a net profit. HVDC for sure gone be developed. It levels solar , wind production and demand thus counters the non linear batter storage problem. I believe it gone happen soon the economic argument has never has bin this compelling.

@Psi-Storm

3 жыл бұрын

You are missing the wind element in your little self reliance experiment. Wind and PV correlate negatively so they are great together. You are also comparing peak performance with average consumption. PV only has 11% peak runtime a year, while onshore wind is around 35%. So a country with 50 GW average usage would need 200 GWp Solar and 100 GWp Wind for 1x coverage. If you then want to build 4x production to reduce storage needs, that's a shitload of energy production.

@J4Zonian

2 жыл бұрын

@Tomasz Sinczak This is only 1 path to 100% clean safe fast cheap reliable renewable energy. Stanford's Mark Jacobson has done a number of studies, the most recent in 2021. Lappeenranta U. has done a series, & any number of other researchers including NREL have done others. David Roberts (vox, volts, canary media), Michael Barnard (cleantechnica), Dan Gearino (Inside Climate), Saul Griffith (author, Electrify!), Ramez Naam & others have useful things to say.

@tomaszsinczak8116

Жыл бұрын

@@Psi-Storm Hello Psi Storm, I have been looking for wind solution for my place... and I am unable to find any viable solution... we are surrounded by trees, also the average wind speed is low... I have talked to people in larger neighbourhood who have installed 3kWp wind turbine, and the electricity generation is averaging 100 to 200 W or 2kWh to 5kWh per day this is nothing and the key reasons are: pole is not high, wind speed slow, and secondary reasons are bad legal law preventing high towers to be build, as well if you get permission for high tower, then ok you might get some reliable power generation but the tower would have to be so high that it would not be economical for small 3 or 10 kWp turbines... so wind in my opinion is only great when done as large industrial farms - preferably close to sea side where wind is strong and present almost constantly. Thanks for your comment.

In the price for solar and wind you have to include the back-up system and the resources needed to realize that, including all raw materials needed such as silver, copper, lithium etc. The price of those will increase dramatically as this continues. Nothing is for free ! 40% of the surface of Spain is needed to power Europe with solar power, plus thousands of Teslas largest battery parks. Good luck with that !

What is the solution for the dark and cold north? In December my region had 0 yes,... 0 hours of sunlight. There was a high pressure system resulting in 80% lower wind production ... This combined with -15 C ...

@robertweekley5926

3 жыл бұрын

Johan - Start with "Simple Geo Thermal" - not the High End Type, just the Basics! You are not likely to get "0 Hours of Sunshine & 0 Hours of Wind, below the Arctic Circle", so, the question then, is, how deep do you need to go, to find a Stable Ground Temperature, of 10°C or 50°F? In Nebraska, USA, that's at 8 Feet. Your region, is possibly Deeper! (Review the Video "Citrus in Nebraska" on KZread, to see that in Action!) Also, your biggest challenge, above the Arctic Circle in Winter, is Heat! So, simple, low grade Geo Thermal deals with much if that challenge! Another solution, is the Geodesic Some "Covering your Total House", or, the "Greenhouse Covering your Total House", ideas seen on KZread, for Norway & Sweden! That said, how many 100 Million People Live North of the Arctic Circle in the World? Or south of the Antarctic Circle? Combined? So, maybe we should consider that in this Video, his Presentation is focused on the Mainland USA, and Doesn't even cover The Canadian Provinces, let alone the Northern Territories! So, basically, it's focused on the "Great Energy Users of America!" Canada, in General, might have A Different "U-Curve" for SWB 100% Coverage! Likely, so would you! However, the Low Grade Geothermal added in, could go a Long Way, to making this Concept Work Better, everywhere! It reduces need for Powered Air Conditioning, a lot! And it also reduces Winter Energy Needs for Heating, a Lot!

@garysouza95

3 жыл бұрын

HVDC from more energy blessed areas. Geothermal peaker plants.

@J4Zonian

Жыл бұрын

@Johan Nyström What would you suggest? Can you think of any sources of clean safe fast cheap reliable renewable energy that might work where it's cold and dark and windy? Sounds a lot like Iceland, btw. Or Sweden or Norway or Canada or Antartica.

Great video, very eye opening. Couple of worries. 1) will all the costs go down as much as expected? Wind is the one I worry about the most. 2) Will materials for batteries be available? Demand from cars could be huge. 3) Will the financing of utilities hamper the whole effort. Utilities hate to over build because they can't get a contract and guaranteed income for assets. I do think the overall trend looks pretty convincing, just trying to imagine some of the bumps along the way.

@meamzcs

3 жыл бұрын

What materials for batteries are you worried about? Lithium is super abundant and almost every other material is either not totally necessary because it's only used in some battery chemistries and not others or it's so abundant that it's not even worth talking about.

@carl-christianhoeg2075

2 жыл бұрын

Very valid concerns. Great idea, but will it work in reality? Who will invest to get a zero return (when supply is superabundant, the price of electricity will be zero)?

Does that cost include the money society would save from the reduced air pollution?

@ericdew2021

3 жыл бұрын

Does not include any positive or negative externalities. The benefits of reduced air pollution is just icing on the cake.

I have yet to see a dial up, autonomous taxi service in my town, one that was forecast, in the early 2010s, to be ubiquitous by 2019 / 2020. Waymo is the only one, has the longest track record ( 5 years now ), and is just starting to expand into it's second region ( San Francisco ). I have no doubt that these technologies will be available eventually, but adoption of the automobile over the horse driven carriage in the early 1900s may have had less hurdles of regulatory and corporate control, and personal "car ownership" preference to overcome in order to be quickly adopted.

He said EV would be cheaper than ICE vehicles by 2020 or 2021. An entry level Tesla Model 3 is over $51,000 CAN. That is the base cost with the smallest battery and I would not call that cheap.

@jdm1066

3 жыл бұрын

It will get worse as more people try to go electric. None of the glassy eyed people pushing renewables ever look at supply vs demand in their models.

@J4Zonian

Жыл бұрын

@billyehh Yes, & because there are no EVs other than Teslas & all ICEVS cost less than $600 CAN whatever will we do?

I am listening!!!

Superabondant power is super bandant! Thx you Sir

Great input, however some of the conclusions lack explanation derived from the main graph. X-axis is Generating Capacity from 1x to 7x, and additional battery capacity added to maintain steady supply. Y-axis is 100% SWB (Solar Wind Battery) system Cost in USD. It appears Tony concludes from the graph that 20% more investments gives 200-300% more energy generations. Two things are wrong here 1) Cost is not the same as investments 2) from the graph around 9:30 minutes into the video, it is clear the example only gives 50-70% more generation. We don’t see the underlying calculations but as a minimum the conclusions have to follow logically from the material presented.

@bobwallace9753

3 жыл бұрын

Cost of electricity generated includes "investment cost". Like any business all costs are included, both capex and opex when you determine the cost to produce.

Free, as in fixed price, fair use policy

He should change his name to 'Clean Disruption'.

If solar PV is aldeady so cheap why does deployment crash when governments remove subsidy?

Unexpected treat

I can't believe no one here seems to have done some simple math. Even before electric cars fully take over, Calif peak power demand is ~50GW. Solar is 5-10 acres/MW. Let's be generous and go with 5. At 1x, that's 250,000 acres. At the needed 5x, 1.25 million acres. That's over 5,000 square km of solar panels! That doesn't include land for batteries. Wind has similar issues. Also, Tony doesn't seem to take into account the added transmission costs needed for SWB. No chance average citizens would stand for this horrendous land use, environmental destruction and transmission lines everywhere. Rooftop solar and small scale battery storage may reduce some dependence on generation within the grid but no way you're doing a real grid this way any time soon.

@johnmolloy4878

3 жыл бұрын

Well...consider the open desert in Cali. 1.25M acres is a ~45x45 sq mile plot. Break it up in 10-20 smaller fields in the desert and it's pretty much nothing. In Texas we're running new monopoles through west TX to bring the wind power into the population centers and yes, there is a cost (I rolled my eyes at the part of the video that ignores this). Battery storage is the secret sauce, and probably the biggest cost. They would need something like 20 GWh to get through a given night with no wind. Moss Landing (Tesla) is ~750 MWh.... So yeah LOTS AND LOTS of batteries that will add to the cost. I still think this paradigm will win out over time, but there will be bumps (TX 2021 winter storm).

@shepherdsknoll

3 жыл бұрын

I believe he did mention the cost.

@garysouza95

3 жыл бұрын

Add onshore and offshore wind, efficiency gains, demand management and EV And home distributed virtual power plants, and you are much closer.

@cdgbiz2128

3 жыл бұрын

Completely agree. Massive solar and wind fields, distribution lines and storage facilities will overwhelm the very open spaces and environment we're trying to save! It also keeps us reliant upon energy companies that control the grid system. Why are we not focusing on independent systems for individual houses, buildings, communities and regions where it makes sense? Same with food growing and distribution. Have the disruptions from the pandemic, weather and natural disasters taught us nothing???

@johnmolloy4878

3 жыл бұрын

@@cdgbiz2128 Disagree on the idea that PV would "overwhelm" the open spaces. Just do the math, but you don't even have to. Look at the open desert of the SW USA. Spreading 3-4X what's needed for Cali alone (~150-200 GW) in CA, NV, AZ, would be like fleas on an elephants ass. In the end it's all somewhat pointless w/o storage, which doesn't really exist at the scale and energy density needed (yet). I agree that rooftop solar on most homes/businesses would be more prudent, and it's what I would prefer, but most people don't have the cash laying around for that, and the payback is typically too long.

Does every electricity system need to get Over built by design? Yes. Just like your home does not use all the electricity capacity at once. The systems are designed to peak capacity. Otherwise, the circuit would break, or as we've seen in Texas rolling blackouts occur.

Someone should send this to Joe Biden, and every heads of government all over the world.

@ultraderek

3 жыл бұрын

Why? Wouldn’t the switch naturally happen?

@endlesscyclist1212

3 жыл бұрын

@@ultraderek We don't need the government for the 100% renewables. Nothing is cheaper than solar and wind.

@ultraderek

3 жыл бұрын

@@endlesscyclist1212 that’s what I’m saying. Is that what Nelson is implying, too? Like let’s tell our governments to let this happen without their interference?

Can you provide additional information on where you arrive at your numbers? Also interested in learning more about the impact that all of the precious metals, materials for batteries will impact the environment. Where are materials coming from? How will they be disposed of or recycled?

@kazedcat

3 жыл бұрын

The cheapest battery for storage is LFP. This battery have carbon and silicon for anode and iron phosphate for cathode no exotic materials needed. Carbon and silicon are abundant. Iron is already mine in large scale right now and Phospates are also produce in large amount for fertilizer. This battery also use lithium salt for electrolyte which productions needs to be scaled up. But it is a small portion of the battery so price of lithium salt can 10x and the LFP will only increase in price by less than 10%. Also at 10x of current price means lithium extraction from seawater becomes viable.

The Q is why build such a system? ie there is no profit incentive when the cost of the commodity is all but zero?

In what kind of stocks are you guys investing while keeping tony's expectations in mind? Am just getting started but excited to invest into those amazing ideas!

@capestreasuresPtown

3 жыл бұрын

$TSLA all day long!

@daniele_go

3 жыл бұрын

@@capestreasuresPtown Done since 2015! 😉

@MacGuyver85

3 жыл бұрын

Lithium mines, the explorers/close to construction, not the existing ones. Skate to where the puck will be.

@noudnolting3328

3 жыл бұрын

@@MacGuyver85 Sounds logically indeed, you got any gems in your portfolio yet?

@MacGuyver85

3 жыл бұрын

@@noudnolting3328 Sure, I recommend doing your due diligence if you don’t want to get screwed. A good starting point is the list of companies RK equity releases every month. My tolerance for risk is pretty high so I don’t mind investing in the DRC for example. Flip side I’m not too interested in DLE (direct lithium extraction) etc. A lot of DLE companies appear overvalued by that buzzword to me. In the end it’s the cost of the product that matters, not how you get there. Good luck!

excellent

Hello, prefer SWaB than SWB. Nice one

It will be an interesting future.

I wonder how low your residential power rate would be if you could transition to SWB and charge regular rates lower (still lower than current rate) to industries to off set the cost of residential power.

can somebody explain the chart at 8:54? what EXACTLY do the axes mean?

@bunny.bunbob

3 жыл бұрын

oh i understood it. assuming a 100% renewable scenario it shows the proportionate costs for storage and excessive generation capacity depending on increasing generation capacity(x-axis) that leads to a price optimization point at 4x capacity.

Isn't the energy disruption based on the convergence of Solar, Wind and Batteries also creating a disruption in the supply chain required to create such a vast amount of solar panels, wind farms and batteries over the next 10 years? Are you sure the availability of the commodities required to reach this point in only 10 years is guaranteed, knowing that permitting and getting into production of new mines can take 10 to 15 years? Isn't this a potential weak link?

@MacGuyver85

3 жыл бұрын

It doesn’t take 10 to 15 years to get a new mine up and running. Closer to 5 really. Additionally if things need to be accelerated they will.

@janpetroons5767

3 жыл бұрын

@@MacGuyver85 This is not what I have been seeing for years. Mines in western jurisdictions can't even get all of their permits in a 5 year timespan. Building a mine after the BFS can indeed be done in about 5 years but that's only the final part of the story.

Given your excellent track record, policy makers must now be taking you very seriously

You don't live in Texas do you....

Grid capacity economics will kill centralised CONCENTRATED electric power supply. MASSIVE plants that need to expand massively in an all electric world is an economic dead end. Because it's the national grid that has to be expanded at a much higher cost than any power plant. And now that the big battery in the EV will be plugged into the grid. 100kwh capacity EV, but only a 7kwh daily drive demand. The long drive capacity is part of all vehicles with avg top ups every 10days. The refuelling at home with highly inflammable petroleum was obviously impractical. The Daily drive and daily top up is very easy for the EV given the small amounts of load from home or the existing national grid. The national grid is a $trillions and decades project and to expand to the future 5 times more electricity is insane and unnecessary.

Has the cost of land also been factored in? Even if wind turbine manufacturing and construction were free, there is a limit to how many wind turbines can be installed in a given km² of land. The same applies for solar. I'm curious to see what impact different costs of land would have on the calculation.

@Psi-Storm

3 жыл бұрын

Currently we are using much of the farming area for energy plants to produce biofuels. If we convert only half that space, we have more than enough energy production and the other half could be transformed back into forests that would capture CO2. Then there is all that farm land producing feed for our livestock production, that wouldn't be necessary if we reduced our meat demand just a little.

What about giant storms? Can these batteries outlast a week long winter storm?

@rodneyericjohnson

3 жыл бұрын

It will be a national grid and everywhere else will have a huge surplus of power to give to the affected region.

@zber9043

3 жыл бұрын

And wind energy in a storm

@kimollivier

3 жыл бұрын

@@rodneyericjohnson Haha, everywhere except Texas who don't believe in regional grid power balancing!

Thank you! I often thought about free energy but didn’t think it could come with so little investment! We could have so many nice things with super abundant clean energy. The issue is finding someone willing to put the money in and also to convert other forms of energy consumption to electricity. Will this happen automatically? Is the energy shift driving the conversion or viceversa? Basically, will the demand of energy drive super abundant power or will the presence of cheap electricity to drive the electrification? Or both? So many questions, can’t wait

@bobwallace9753

3 жыл бұрын

One thing frequently, almost always, ignored is the fact that all plants/factories eventually wear out and have to be replaced. Our coal plants in the US are almost all old and nearing the typical retirement age for coal plants. We're going to have to replace those old worn out coal plants with something. The cost of electricity from a new coal plant is several times more expensive than electricity from a wind or solar farm. Some of the money we need for wind, solar, and storage is already baked into financial models for utilities. It just needs to be redirected from new coal plants to renewable energy. Gas peakers are already being shut down because storage is cheaper. And better, responds faster. Economics are driving that part of the transition. Super power = the generation that is being curtailed when solar panels or wind turbines are producing more than the grid demands. Since the cost of fuel is zero, that's wasted energy and lost revenue for the solar or wind farm. If, for example, we gave EV drivers a discount if they let the utility decide the exact time their car charged we could create a market for that otherwise curtailed electricity. New market for the utility = higher sales for the wind/solar farm = a reduction is cost of electricity. The cost of electricity = total costs / total electricity sold. The average EV needs to charge 3 hours per 24 using a standard 240 volt outlet (like a stove or clothes dryer). Plug in when you park at home or work and let the utility decide the exact time of charge. The utility can adjust charging times so that they use as much 'Super Power" as possible.

Tesla share value is based on peoples hope that its value will increase. I would like to see a detailed audited balance sheet to see just how many assets tesla actually owns. Tesla is still a minor in the auto industry. Im interested if there are a huge number of ev cars whete the electricity comes from. Coal fired plants. Nuclear energy is fine also to back up renewable sources that are not so reliable

Thank you so much for your insights but one thing puzzles me. Since SWB are well past price parity wouldn't that put it further along the growth curve than transport which is only almost there? Complete takeover before 2030? I think there's another disruption happening. Civilisation, the whole package of how we live with each other and the earth, can be considered a technology and therefore subject to the same rules. If so our total transition to a sustainable future will be driven, quite rapidly, by superior economics as we're seeing with energy and transport. The richest man in the world right now became so in the pursuit of sustainability which makes orders of magnitude better economic sense. OK it helps that he's a genius but, historically, genius finds the way and makes it obvious for the rest of us. Thanks for showing me the way of tech disruption.

Consumer market in India could grow vastly in the nxt 10 yrs but it needs to be bullish

Good morning