Sheldon Kimber, CEO of Intersect Power, discusses how grid constraints will force energy-intensive industries like green hydrogen, direct air capture, and compute to colocate with renewable generation.
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 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 Open · timeframe Mar 2027
Kimber: Direct air capture costs will drop to $100-$200 per ton
“There are plenty of them out there at industrial scales that will definitely get down into the, you know, 102 hundred dollar, you know, a ton kind of level, at which point capture becomes your backstop technology, if you will, and it will set the price point a…”
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.”