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by hvb2 252 days ago
> yet electricity prices around the world are mostly increasing

Part of that is a result of not pricing in externalities so we've never paid the actual cost. On the other hand, demand is going up a lot which means a lot more investment on the grid side as well.

If you have a level 2 charger for your ev for example, that can draw 20kW... If you asked an electrician in the 80s what the peak power a residential home could consume is, you would probably get 1 maybe 2kW at best. So all of that infra is very undersized if we stop burning stuff.

And finally, recently there's been a few disruptions in main sources of fossil fuels (looking at you, Russia)