I am just wondering what the electric power and oil industries will do to suppress it. I just can’t believe they are going to lay down and die without a fight.
***Probably what IBM did when microcomputers started to eat their lunch. If you can’t beat ‘em, join ‘em. They have tons of resources to bring to bear on this turf battle.
My dad is a nuclear engineer and mechanical engineer who is retired from managing thermal operations for a privately owned utility. For decades I’ve heard him expound on the ever increasing demand on PUDs to provide cheap energy to private residences v. the demands of businesses for electricity at reasonable rates.
I can tell you one thing that jumps out at me about this scenario: the price of electricity on the grid will drop as demand from private residences drop.
A huge Reynolds aluminum plant shut down some twenty years ago in Longview, Washington, because the price of electricity from the Bonnevile Power Authority had shot up. I do not believe it will be resurrected by the advent of e-cat technology, but I do believe enough people will buy e-cats that the overall demand for electricity will sag and prices will drop. This portends a great opportunity for energy hungry industries to rebound.