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Jumper
3 Comments
Getting Excited About PHEVs
Getting Excited About PHEVs
Yes, PHEV’s will become in great demand, which will elevate their price as a result of supply and demand forces. And, are you ready to pay $10,000 to replace a battery in your electric car?
Once the rush to electric vehicles really begins, the law of unintended consequences will take over to wipe out any potential benefit. Since we will need more electricity than we can now generate, supply and demand forces will greatly increase the cost of electricity. Also, do you thing Uncle Sam and state governments are going to lay down for less tax revenue from ever reduced gas and diesel fuel sales? Not likely. Look for higher taxes to keep personal expenditure for energy at close to current or even higher cost.
We are not currently building the nuclear power plants which will be needed to cope with much higher electricity demands to power vehicles. And, because of regulatory requirements any new nuclear plants will most likely not get up and running for many years. Wind power is not constant and therefore can not be depended on at all times. Also, it can cause power surge problems due to sudden high winds that can crash a whole grid network. Also, even if you have new power sources (nuclear, wind, geo) you will also need new transmission lines to get the power where it is needed. Time and cost to completion of the required new infrastructure is going to prevent any meaningful progress anytime soon. Hydrocarbon based energy will be with us for many more years.
We need to transition to hydrogen based transportation fuels. That can best be achieved through the use of natural gas. It is immediately available and plentiful. Natural gas is low in objectionable emissions and in the form of Hythane, virtually pollution free. Also, through the mining of “methane hydrate” from deep sea trenches, natural gas is going to be available far into the future.
Lithium-Ion Batteries and Centerfolds