Lubbershane: Surging electricity costs could cause voters to abandon decarbonization
Andy Lubershane · Navigating the electricity gauntlet · Aug 17, 2023 · at 48:50
Andy Lubbershane of Energy Impact Partners warns about the political and societal risks if utilities fail to resolve severe power connection bottlenecks.
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“If the power sector isn't able to make it through this period and it results in People unable to build new manufacturing facilities, new data centers in a timely fashion. And if it results in kind of costs starting to spiral out of control, electricity costs spiraling out of control for customers, like that puts at risk basically the whole project of decarbonization because we are relying on the electricity sector to deliver here over the long term. And as we've talked about, like that means this enormous opportunity for the electricity sector. Which is the prize, but if we can't deliver in the short term, it could kind of throw the whole thing out of whack and cause consumers and voters to decide that this whole thing is not really worthwhile.”
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