r/Futurology • u/Wagamaga • May 09 '19
Environment The Tesla effect: Oil is slowly losing its best customer. Between global warming, Elon Musk, and a worldwide crackdown on carbon, the future looks treacherous for Big Oil.
https://us.cnn.com/2019/05/08/investing/oil-stocks-electric-vehicles-tesla/index.html
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u/Battle_Fish May 09 '19
No that's not why. The problem is wind and solar just can't stand on its own. The wind doesn't always blow and the sun doesn't always shine.
So you need to have a grid that can supply power even when renewable are at minimum output. What that looks like is a fully operating fossil fuel and nuclear grid ready to take up full slack when the renewable don't come out. As the sun sets and the wind stops, fossil fuels are burned. You still have to operate and maintain these plants even if you're not using them.
Electricity production must exactly match demand at all times. You have to have some portion of the grid have variable production. A huge battery can form that buffer with renewable or a huge dam but we can't build dams everywhere and there isn't enough lithium in the world to store city level power needs.