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RWH047: Investing In The Era of Climate Change w/ Bruce Usher
We Study Billionaires - The Investor’s Podcast Network
Transition to Renewable Energy Complexity
Transitioning to renewable energy involves moving from a centralized to a decentralized power generation model, which adds complexity to managing electricity. The shift to intermittent power sources like solar and wind is challenging but manageable, given that even traditional constant sources like coal have reliability issues. Balancing demand and supply in the electricity grid is already a complex task, with peaker plants being used only on rare high-demand days. The addition of intermittent power sources is a good problem to have due to their cost-effectiveness, but it introduces new challenges to the existing model.
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