Showing posts from July, 2022

Predictions about (renewable) energy

Putin turning off gas from Europe and thus fossil fuels hitting record prices is.....very good! Some fundamentals: - Capitalism (mostly) works: people prefer to pay less, companies prefer to invest into areas where there is more business and more profits to be made. It seams silly to write this statement but in energy production we have seen a lot of hope and wishes, but in reality - if making electricity from natural gas is the cheapest option then companies will build gas powerstations no matter how green their logo is. - Politicians (and when it comes to economics then also dictators) (mostly) do what people want. How do you know what people want? Well you can listen to what they say, but the true wishes are demonstrated by what they buy. So if people buy SUV-s, vacation trips to the other side of the world and fast-fashion, then the politician who wants to be popular, has to work on cheap fuel prices to ensure this.  For example, if people would want to stop climate change then the