Here's an interesting presentation by Albert Wenger, who is a partner at Union Square Ventures. He starts by showing a logarithmic chart comparing per capita energy consumption and GDP per capita. Then, by way of a clear empty area in the chart's data points, he makes the argument that there's no such thing as a wealthy, low-energy nation. If you're a wealthy country, you consume a lot of energy. That's just how it works. He then goes through a number of historical energy breakthroughs, landing on the point that, today, we are in need of much more energy. In other words, we need another energy breakthrough. We need it because we're still burning fossil fuels and putting too much carbon into the atmosphere, and because we have really big energy needs: everything from data centers to the full electrification of our homes, buildings, and cars. One piece of good news is that we are seeing exponential growth in solar energy. Today, our global install base is still relatively small, but the thing about exponential growth is that it can creep up on you fast.

It's an interesting presentation. And if you'd prefer to read his talk instead, which is/was my preference, you can do that here.

Here's an interesting presentation by Albert Wenger, who is a partner at Union Square Ventures. He starts by showing a logarithmic chart comparing per capita energy consumption and GDP per capita. Then, by way of a clear empty area in the chart's data points, he makes the argument that there's no such thing as a wealthy, low-energy nation. If you're a wealthy country, you consume a lot of energy. That's just how it works. He then goes through a number of historical energy breakthroughs, landing on the point that, today, we are in need of much more energy. In other words, we need another energy breakthrough. We need it because we're still burning fossil fuels and putting too much carbon into the atmosphere, and because we have really big energy needs: everything from data centers to the full electrification of our homes, buildings, and cars. One piece of good news is that we are seeing exponential growth in solar energy. Today, our global install base is still relatively small, but the thing about exponential growth is that it can creep up on you fast.

It's an interesting presentation. And if you'd prefer to read his talk instead, which is/was my preference, you can do that here.