In the future, energy will be too cheap to meter. That used to be a common vision of the future: abundant, clean energy, if not exactly free, then much cheaper than today's energy. But a funny thing happened en route to that future of energy abundance. High energy costs are still with us in 2023, and are part of what's called the cost-of-living crisis. Moreover, although there's some adoption of green, non-polluting energy, there seems to be as much carbon-based energy used as ever.
Regular listeners to this show will know, however, that one of our themes is that forecasts of the future often go wrong, not so much in their content, but in their timing. New technology and the associated products and services can take longer than expected to mature, but once a transition does start, it can accelerate. And that's a possible scenario for the area of technology we discuss in this episode, namely, space-based solar power.
Joining us to discuss the prospects for satellites in space gathering significant amounts of energy from the sun, and then beaming it wirelessly to receivers on the ground, is John Bucknell, the CEO of the marvellously named company Virtus Solis.
John has been with Virtus Solis, as CEO and Founder, since 2018. His career previously involved leading positions at Chrysler, SpaceX, General Motors, and the 3D printing company Divergent.
Music: Spike Protein, by Koi Discovery, available under CC0 1.0 Public Domain Declaration