I support renewables. Solar, Wind, Geothermal, Tidal/Wave, etc. I also support Grid/Municipal battery storage and utilizing stranded power for Bitcoin mining whenever possible.
Discussion
Looks like you are talking about the electric grid use case. A few comments:
Cost effective transport is practically 100% oil. There is no second best.
Despite the central planners efforts (red tape) and trillions of subsidy (i.e. read theft and crony capitalism/corporate socialism to friends of the central planners) to low density unreliable energy gen, fossil fuel energy is at 80%.
In general I am supportive of all energy generation forms, given the following requirements:
1) reject all forms of central planner diktat, and subsidy
2) consumers and businesses must not be forced to buy from unreliable energy generators
3) let consumers choose what works best for them.
In the case of Germany, the central planners mandate 1/3 from unreliable wind and solar sources (in sunny Germany, lmao). Westerners will not accept an electric blackout regime. Therefore 100% reliable energy generation is required at moments notice the sun is not shining, or the wind is not blowing. Today this is French nuclear, and German coal. Why does this matter: Germans pay three times the electric price of Americans. Energy poverty ensues in the wealthiest country in Europe. Of course the poorest are the hardest hit. Businesses relocate to Poland, China etc.. where there are competitive electric rates. Regular Germans lose good paying jobs to other places.
Geothermal is amazing where it is present: Iceland, Guatemala, El Salvador.. As is hydro: Labrador, Paraguay, mountainous regions. One of these and/or a shale gas well at the citadel is the dream 😍.
Tidal & wave are low density, and non economic at scale today.
Battery tech & unreliable energy sources may work great for remote communities without a grid. At grid scale this tech does not replace reliable electric gen.
Miners are an awesome free market solution to fiat subsidy created problems in diktat @ subsidy for unreliable electric generation.
I’m pretty excited what tomorrow holds for the future of energy gen. I will be the first to cheer entrepreneurs pursuing the free market approach to energy gen, and I hope there will be more abundant, reliable, and cost effective energy sources for humanity to progress up the Kardashev scale.
To conclude, oil is here to stay, and humans want more of it. I welcome new competitive energy sources.
A friend of mine recently said:
“Green energy will be the greatest destruction of capital known to man.”
#relaythat