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201 sats \ 0 replies \ @oklar 15h
When desalination is described as both energy-intensive and a carbon-intensive process, does this not put pretty stiff caps on the idea of migrating desalination from current energy types to solar? What energy sources are being used in the design of solar or the nacent desalination technology, the sourcing of materials, the manufacturing, transportation and installation of hardware and all the related industries, and isn't it more about economic growth?
Energy constraints are caused by growth objectives, population growth (and the potential problems caused by climatic variation.) Would arid, energy rich regions not develop a vulnerability through increasing capacity through increasing infrastructure. Not to say that diversification isn't a good idea, just that redunancy and optionality would benefit more with less growth.
I wonder whether much of the renewable industry's projections actually come close to meeting their stated goals. Net-zero is being prioritized without the rationale required to develop the technology and impliement it on these grand scales, without the input energy costs and long-term energy reductions being well thought out. Net-net more energy is going to be utilized, unless it is done very, very well of couse.
I could be wrong. But some of these ideas of urbanization in deserts seem less sustainable.
Thanks for sharing the link, some interesting links to follow through to in the article.
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TL:DR
In other words, with solar power rising and oil becoming less important, and with its demographics in a favorable position, the Middle East is primed for an economic and political reinvention. The green energy transition may not be quite as momentous an event for the Middle East as the Industrial Revolution was for Europe, but it’s still going to be a big deal.
Half a century from now, the desert may bloom, and the region may be a powerhouse of green energy, industry, and software, rather than the playground of oil sheikhs, warlords, and hyper-religious madmen. I know it’s a bold prediction, but stranger things have happened.
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Thanks for the summary.
I suppose the issue is that, even in this best case scenario, energy will be much cheaper in real terms. That would likely mean, being specialized around producing it will be less lucrative than it currently is.
It is interesting, though, that they are poised to maintain the competitive advantage in producing energy even if the primary energy source changes.
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You could argue that while the cost of energy might decrease, the volume of energy consumed globally could increase, potentially offsetting some revenue loss.
And they've got 🏜 deserts and a lot of it, prime solar energy conversion.
They've also got the liquidity to invest in the technology now.
Green Energy game theory about to play out
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Yeah, they would still be the lowest marginal cost providers, which means they'd have the most profitable energy production.
The other part is that energy production will be more decentralized, with lower barriers to entry, which will make it harder to maintain high margins.
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The other part is that energy production will be more decentralized, with lower barriers to entry, which will make it harder to maintain high margins.
Game theory page 1.
Will be interesting to see the hash rate wars play out with this on the horizon, will companies like ocean be able to compete with antpool et al
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