OilPrice.com By Leonard Hyman & William Tilles
- From hydropower failures in South America to natural gas shortages in Europe, and coal prices soaring in Asia, the global electricity crisis has clearly gone global
- While plenty of observers are willing to blame this on a ‘perfect storm’ of events, the truth is electricity providers were simply not prepared when they should have been
- As a result of this crisis, consumers are likely to disassociate themselves from unreliable and profit-chasing producers as they search for resilience
With the current level of output there’s no way to meet growth demands and power all electric power cars that will be coming in the next 8 years. Building nuclear plants should have started years ago if that’s the goal I personally believe we haven’t discovered the next means of travel. Manipulation of gravity should be in play