UK electric car sales started growing by 7% a month in 2019

carboncommentary.com

4 points·1123581321··4 comments

That's the next energy crisis to hit the UK, IMHO.

Electricity production must increase significantly in order to meet the demand from EV (and from people ditching gas boilers, which what the government is pushing) , and my prediction is that it won't keep up. The nuclear program is in tatters and the current situation does not exactly fill me with confidence...

It's going to be an interesting 10 years.

Certainly a market for home charging stations that can follow the spot price as some tariffs offer and charge up between midnight and 5am when the price per unit is cheaper due to less demand.

But yes, it could be mismanaged. Equally EV's do a great virtual storage grid that if done right would smooth things out nicely energy/demand production.

So whilst energy production important, being able to store that and use off-peak produced energy to come ontop during peak times is always one area that can never get enough love.

I do for-see some interesting tariffs and business models and the lines between car maker and energy storage will blur.

Heck in ten years time we will be using fusion over fission, at least I recall that being said for the last 20-30 years or so.

A good time to invest in electricity generation companies, perhaps.

I'd invest in the companies making the equipment that makes such plants - so wind turbine makes... Though land always safer bet. I'd also be wary of any fission based electricity production exposure just because once fusion kicks off (always soon upon that though), those will fall out of fashion like a stone and you don't just turn it off and close the gates upon those. So long-term liability costs do become a factor to weigh in along with assets for any balance sheet analysis.

So perhaps, just be Enron mindful.

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