Opinion
Real-time electricity pricing is a terrible idea for retail consumers
“I also hear a lot of things about, we're magically gonna give everyone real-time rates. I think that's a terrible idea. I think that is a terrible idea. I think real-time rates are a, are an approach to trying to personalize, but actually passing the entirety …”
Prediction Held up
Bhargava: Individual AI data centers will add 1.5 gigawatts of load
“Data centers are going to get real hairy. It is going to be a lot of load coming on very, very, very quickly, and the power sector has not dealt with that much load that quickly when you've got a gigawatt and a half, you know data center coming online, and tha…”
Insight
Bhargava: Automakers do not care about grid integration for EVs
“These are mobile, flexible energy resources, and so their mobility comes first and foremost. It is a device not built for energy purposes. Please deal with the automakers. They will tell you how much they do not care about the energy parts. First and foremost,…”
Prediction Open · timeframe Nov 2028
EV adoption will heavily shift grid cost-to-serve to local distribution
“There's two hundred eighty million cars in the country. There's a hundred and twenty million households. We designed a century old grid around those hundred twenty million households, and now as all these cars start going electric, there's just going to be a t…”
Insight
Bhargava: There is no universal optimal time for EV charging
“My controversial view is there is no right time for everyone to charge. There's only a right time for you to charge. And that you is not driven by just your location in the neighborhood and what time you decide to plug in. It's driven by how you choose to driv…”
Assertion Contradicted
Utility sector faces first electricity demand growth since air conditioning invention
“The truth is, suddenly, the utility industry is going from 40 years of flat and declining load to the first growth moment since the air conditioning unit was invented.”
Insight
Distributed energy rate designs risk favoring the wealthiest ten percent
“I mean, a lot of people who buy these distributed resources today EVs very much being that, solar, whatever, are generally very wealthy people, and so are we now doing rate design and setting operational constraints based on what the richest 10% want, or are w…”
Insight
Bhargava: Grid operators cannot manage millions of EVs without AI
“The bridge between the distribution operations team and the customer teams, that is coming. You know, that bridge is being built very quickly, and EVs are at the center of that, and I think you cannot actually build it without machine intelligence, because fun…”
Insight
Bhargava: Machine Learning Value Depends on Breaking Enterprise Data Silos
“The more you can break those data silos within any enterprise organization, the more value that machine learning gives you, and I think part of the reason that AI has not been as Exciting to a lot of power sector clients is the silos have existed for far too l…”
Prediction Not checkable as stated
Bhargava: Lack of software rate-basing will force artificial hardware bundling
“What's going to end up happening is you're going to have a bunch of companies say, here's my one piece of hardware, here's a hundred million piece of software attached to that piece of hardware, buy my hardware, and get a hundred million dollars of software th…”
Assertion Not checkable as stated
Bhargava: EV home charging between 7-15 kW strains local residential distribution grids
“EVs are a completely new device type, each of them charging anywhere between seven to 15 kilowatts at home, and that is a tremendous amount of load to be putting onto a cul-de-sac that has eight homes, and now suddenly, 2.1 cars per household is starting to lo…”
Assertion Supported
Bhargava: The US has 280 million cars, doubling household count
“I think that when you actually look at the country, the fact that there are two hundred and eighty million cars More than double the number of households in the country.”
