4min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep 278: Climate Change and Our Power Sector

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

Climate Change - The Cleanest Way to Deal With It

The most important sit of the clima transition is the electricity sector, partly because to day it produces a lot of sioto. When cooking and mobility move to electric that heavy lifting will have be done in the electricity sector. For the carbon tax to do its magic, the electricity sector has to be under the benign influence of the prize system. Consumers are not ready for prize fluctuations. And the price fluctuations that are required in the modern world are kind of extreme. The renewable revolution generates intermittency in production. So the solar production happens only when the sun is shining. As the evening comes, when people switch on a lot of appliances, you actually lose solar capacity. And wind is inherently intermittent

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