100satsaday on Nostr: #Fusion will not make electricity cheaper. Some may argue that new type of supply ...
#Fusion will not make electricity cheaper. Some may argue that new type of supply will make supply grow exponentially but the demand will too. Energy supply and demand is not a static balance, on supply side when more efficient supply emerges the less efficient supply will drop off (just like #bitcoin mining) while on the demand side the only incentive to drop inefficient demand is by, unfortunately, rising cost.
#Energy crisis is an ongoing issue since human discovered fire. From burning woods, coal, natural gas, to hydro, solar, nuclear, energy source has only become cleaner and more accessible. But a simple task like heating a home has never ever become cheaper in the advancement of human history.
Published at
2023-02-23 21:07:25Event JSON
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"content": "#Fusion will not make electricity cheaper. Some may argue that new type of supply will make supply grow exponentially but the demand will too. Energy supply and demand is not a static balance, on supply side when more efficient supply emerges the less efficient supply will drop off (just like #bitcoin mining) while on the demand side the only incentive to drop inefficient demand is by, unfortunately, rising cost.\n\n#Energy crisis is an ongoing issue since human discovered fire. From burning woods, coal, natural gas, to hydro, solar, nuclear, energy source has only become cleaner and more accessible. But a simple task like heating a home has never ever become cheaper in the advancement of human history.",
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