Could we be witnessing an industrial renaissance?
Capital Ideas Podcast
Is the Power Price Going to Be Too Expensive?
Renewable energy resources can become less and less intermittent over time. But that doesn't, it will collapse the price to a degree where essentially power can become at the margin near free. This is already happening in some places like way during the California power many cases is free because there's too much to be generated relative to demand. And so the thing will have dramatic impact on GDP growth and how the entire industrial universe is architected in the US.
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