Sheldon Kimber, CEO of Intersect Power, discusses why direct air capture is an inevitable climate solution despite high initial costs.
Prediction Not checkable as stated
Kimber: US Grid Transmission Issues Will Not Get Fixed
“No one has the incentive to actually fix the problem, and that's why it won't get fixed.”
Prediction Not checkable as stated
Kimber: Most projects in transmission queues will never be built
“Most of the stuff that's in the queue isn't even going to get built because there's no land that's even reasonable around those queue positions, right? There it's, you'd have to build something that costs twice as much as it should because the geotechnical con…”
Prediction Not checkable as stated
Kimber: Energy load will move directly to power generation sites
“Load will come to generation, right? So load is going to move toward the generation because the grid isn't going to be able to deliver that generation. And that's, you'll see it most, in a most pronounced fashion in these new industries because they don't have…”
Prediction Open · timeframe Mar 2072
Kimber: Five clean energy sectors will become multi-hundred-billion industries
“So, you know, those five industries are what we've identified as, you know, the areas where we think there is inevitable growth in the sort of hundreds of billions of dollars. These are industries that could easily be some of the largest industries that our pl…”
Prediction Not checkable as stated
Kimber: Industrial energy clusters will concentrate in the Texas Panhandle
“We believe there will be large clusters around places like the Panhandle of Texas, where the wind and the sun are very, very advantageous, and the cost of power can not only be low, but Also, the capacity factor, even without battery storage, can be, you know,…”
Opinion
Kimber: Very Few Hydrogen Developers Have Built 500MW+ Renewable Facilities
“I challenge most people who call themselves hydrogen developers, you know, when you talk to them to ask them how many, 500 megawatt plus renewable facilities they built, because there aren't very many of those, but there's a lot of hydrogen developers.”