My assessment is that the savings/profit incentive will be the key drivers....
Prime markets for accelerated conversion are:
- early adoption of residential heating and electricity
- Transportation (autos, trucks, rail, ocean shipping)
- Energy intensive manufacturing (All metals, basic chemicals [H2SO4, Cl, NaOH, HCl], cement, fertilizer, plastics.....)
- Petro-energy futures crashing, along with total market disruption to the new equilibrium.
Longer term trends
- Grid dependency decreasing exponentially over 5 -10 years.
- Petro-energy supply chain dependency decreasing
- Vertical growth of petrochemical sources....up to and potentially past VCM production.
- Refitting all residences and business points with the new energy paradigm.
- Restructuring of infrastructure to take advantage of low cost energy (public lighting, Water, Wastewater)
- Significant growth of engineering, manufacturing and construction areas to accommodate all the above.
- Percent of labor in material cost increasing.
Sectors Less effected
- Health care
- Food production (except for fertilization and logistics)
- Low energy dependent manufacturing