2 min read

The FUTURE Leaves Clues...

Apr 12, 2017

The future leaves clues...

Here’s a recent tech article that got me excited.

Energy Disruption

This week, California ISO, a California electric company, announced it hit an all-time peak served by renewables of 56.7 percent (electricity).

California is on track to meet its 50 percent clean energy target by 2030 with ease.

What it Means

We’re heading towards a wholesale change in the energy economy over the next 20 years.

From hydrocarbon (oil, gas, coal) to all electric, think massive-solar.

I used to think that gas-guzzling cars would maintain the petrochemical industry for a few more decades, but electric-autonomous “car as a service” will cause us each to park, sell, or junk our internal-combustion cars for something that is 10x cheaper and much better (i.e. autonomous Ubers).

Get ready for oil and gas to go the way of whale oil.

Once useful, eventually laughable.

Remember that energy is not scarce.

We have 8,000 times more energy hitting the Earth’s surface in one day than we consume as an entire species.

That energy, the solar flux, isn’t yet in a easily usable form.

But that is changing... fast.

Given the global, exponential growth in solar and the coming innovations in battery technologies (I get five to 10 introductions to new battery technology companies each month), plus deployments like Tesla’s Gigafactory, I’m firmly convinced we’re heading towards a transition.

Coal is already dead.

Oil and gas may not be far behind.

Also read: TOP 50 MOON SHOTS

WHAT IS ABUNDANCE INSIDER?

This email is a briefing of the week's most compelling, abundance-enabling tech developments, curated by Marissa Brassfield in preparation for Abundance 360. Read more about A360 below.

WANT MORE CONVERSATIONS LIKE THIS? - JOIN ME

At Abundance 360, Peter's 360-person executive mastermind, we teach the metatrends, implications and unfair advantages for entrepreneurs enabled by breakthroughs like those featured above. We're looking for CEOs and entrepreneurs who want to change the world. The program is highly selective. Apply now for Abundance360 Summit if you'd like to develop an Abundance mindset

Know someone who would benefit from getting Abundance Insider? Send them to this link to sign up.

P.S. I've just released a podcast with my dear friend Dan Sullivan called Exponential Wisdom. Our conversations focus on the exponential technologies creating abundance, the human-technology collaboration, and entrepreneurship. Head here to listen and subscribe.

Head here for the full archive of my latest tech insights.

Topics: Energy
Peter H. Diamandis

Written by Peter H. Diamandis

Featured

laws-small
Peter’s laws

The 28 laws that have guided Peter to success.

See Peter's Laws