Comment by ransom1538

4 months ago

"skyrocketing electricity costs"

You said it right here. No one is going to give up energy at such a cheap rate anymore. Those days are over. Darkness for the US is coming.

Solar is extremely cheap and battery costs are dropping quickly, IMO you may see US neighborhoods, especially rural disconnecting from the grid and rolling their own solutions.

This china rare earth thing may slow down the battery price drop somewhat but not for long because plenty of chemistries don't rely on rare earths, and there will soon be plenty of old EV packs that have some life left in them as part of grid storage.

cost for solar power and storage is decaying exponentially

scarcity isn't real anymore, it is enforced politically for the benefit of the owning class

  • > scarcity isn't real anymore, it is enforced politically for the benefit of the owning class

    Whatever the reason, it nonetheless seems like higher electricity prices are inbound.

    • Yeah, that's totally believable. I remember how everyone raved about cheap EV charging a decade ago, how it would save costs etc. And today a commercial fast DC changing is more expensive (per km of range) than an ICE car of the same class and size. And that's with gas prices doubling since 2009 crash. I've just did a quick calculation with today's prices and modern cars in the comparison.

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