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Charged Up

Charged Up

How the Energy Storage Revolution will trigger the next leg down in the eternal race of energy costs to zero.

Rene Bruentrup's avatar
Rene Bruentrup
Aug 15, 2022
∙ Paid
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Energy = Economy

In mid 2014, oil prices started crashing massively from above $100 to $35 by January 2016.

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This was driven by structural and increasing oversupply due to the US shale gas revolution. Enabled by technological innovation in horizontal drilling and hydraulic fracturing, the US reversed the long term trend of declining output. Produ…

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