Energy generation, transmission, storage and consumption technologies are the opportunity of our lifetime and it is great to see Energy as #1 on this list (though there might not be a correlation between rank and YC weighted importance).
Generation - Solar & Wind
Transmission - Distributed Grid
Storage - Batteries
Consumption - Electric Vehicles
> We believe economics will dominate - new sources must be cheaper than old ones, without subsidies, and be able to scale to global demand.
The world uses a huge amount of energy and it is vital that any technology is 1.cost competitive and can 2.scale on a globally. These are no small feats, but like Airbnb the assets already exist, but our access to them does not. This is a distribution and financing problem, not a creating new technology problem.
Generation - Solar & Wind
Transmission - Distributed Grid
Storage - Batteries
Consumption - Electric Vehicles
> We believe economics will dominate - new sources must be cheaper than old ones, without subsidies, and be able to scale to global demand.
The world uses a huge amount of energy and it is vital that any technology is 1.cost competitive and can 2.scale on a globally. These are no small feats, but like Airbnb the assets already exist, but our access to them does not. This is a distribution and financing problem, not a creating new technology problem.