Alexandr (Alex) Wang
👤 PersonAppearances Over Time
Podcast Appearances
And by the way, it's actually not rocket science why that is.
If you then break that down to sources of that power in China, it's because coal is like 80% of that.
Yeah, they're all coal, correct?
Yeah, it's just tons of coal.
And then we've actually, like, if you look in the U.S.,
Renewables have grown a lot, but a lot of it, the reason the overall number is flat is because we're using renewables to replace coal, natural gas, like fossil fuels.
And so when you net it out in the US, we're flat.
And then in China, it's straight up.
So that's the first thing.
We need drastic action.
The administration has the National Energy Dominance Council.
We've sat down with them a few times.
We have to take drastic action to enable us to at least start matching their speed of adding energy to the grid and ideally surpass it.
That's the first thing.
The second thing, like you're talking about, is our grid is extremely antiquated.
And that's a major strategic risk.
I don't know what the cause or the source of the outage across Spain was, but some people think it was a foreign actor or some kind of cyber attack of some sort.
I guarantee you the US energy grid is extremely susceptible to large-scale cyber attacks.
The sophistication of these cyber attacks sometimes is so stupid.
If you find the right power plant login terminal to go into, sometimes people don't change the username and password from the default, which is username and password.