26 May, 2016

Conventional energy production and transport soon obsolete

Cars such as this BMWi8 will be
commonplace with a decade or so.
Within just 15 years conventional energy production and transport will have been rendered obsolete by the revolution taking place in batteries, solar power and electric cars.

The startling thesis by energy disruption guru and Stanford University lecturer Tony Seba has been around for a couple of years but after originally being dismissed as crazy, is now catching serious attention from investors.

There is "no excuse" for any board of a utility in Australia not to know what's coming, he says, outlining a world with little centralised power generation, 100 per cent electric vehicles and minimal private car ownership.

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