this post was submitted on 24 Aug 2024
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It would be nice to at least have a plan to one day be immune to oil price chaos and geopolitical fights surrounding distant oil wells. And day now...
I think the only way is to reduce oil dependency. As long as it exists, people will exploit the dependency for economical and political advantage.
Project 2025 has a plan for that.
Unfortunately the plan is "build lots and lots of nuclear power plants and produce more coal, oil, and national gas domestically". But at least it's a plan.
Should motivate places like Europe, Japan, China and India who don't produce oil, hopefully only nuclear and sodium batteries/pumped hydro for baseload power. For oil producers, it is harder to wean them off.
I mean UK & Norway having oil while also both being top 10 in Europe for use of renewables 👀
For places like Europe which are politically stable within themselves, places that can provide way more than they need renewably (uk with wind, norway with hydro, spain with solar) should just pretty much provide for the whole continent and maybe make some nice profit in the process (as they are right now, UK is producing 70% from renewables and exporting 14% of their generation to other countries right now - https://grid.iamkate.com)
If you put the pumped storage in other countries it even balances out the nimbyism and control of the whole system