When energy prices triple (from 5 cents to 15 cents per kilowatt hour), a highly energy-intensive system like automated milking machines that was profitable at cheap energy becomes loss-making, because the system was built assuming energy would remain cheap and abundant forever.
causalpending
Speaker
Nate HagensEvidence Quote
“in the highly energy intensive scenario you are now operating at a significant loss because you've built a system that requires huge amounts of energy that you built maybe when you expected energy would be cheap and abundant forever”
Source
The Great Simplification: What HS Leaders Need to Know About the Future of Energy with Nate Hagens— Center for Homeland Defense and Security Naval Postgraduate SchoolCreated: 8/12/2026, 10:21:00 PM
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