High capacity factor, low cost, clean electricity is the Nexus of Deep Decarbonization.
It is the enabling factor that “turns on” these new zero carbon, trillion dollar industries. It will enable them to deploy at scale and come down the cost curve for their own capex, enabling them to buy more clean electricity and likely reducing the cost of that electricity further by bringing renewable generation technologies even further down their own learning curve. This virtuous cycle of demand and scale is the greatest hope we have for solving the climate crisis.
As a species, we are susceptible to a whole host of inconvenient traits including selfishness, mass delusions and the emotional desire to feel like an important part of an accepted group or something greater than ourselves. These things divide us today even more so than they have in recent human history. But as humans, we are also distinguished by our survival instinct, our capacity for innovation and our compassion for others who suffer. I choose to believe that it will be these last three traits that ultimately define our response to climate change. Because of this I cannot imagine a future where we fail to address this crisis. If my optimism is correct, then there is ample reason to believe that a large portion of the foregoing is, in fact, inevitable.