Capacity factors for conventional energy assets are often in decline
Rethinking the levelised cost of energy
The market appears to be factoring in the decline of capacity factors for conventional energy assets
As electric vehicle adoption gathers pace, many wonder what will happen to the entire supply chain and service network for internal combustion engine cars, and their owners. High penetration products enjoy ample supplies of spare parts and networks of repair professionals to maintain them. What if you need a spark plug or a new carburettor in the year 2030? Will they be expensive to buy, or even possible to obtain? This is a good question to ask more generally as we move through energy transition, and the incumbent technologies and their networks start to break down, losing their efficiencies. RethinkX, a thinktank led by Stanford business professor Tony Seba, asks this very question in its
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