Agree. I recently learned that this is called "Bargaining Power of Suppliers" from 25iq.com blog by Tren Griffin. His post on MoviePass is superb.
HN user
spsgtn
Experienced modeller and scientist. Inexperienced parent ...
Very good advice here. I have done it twice. The first time around I grew fast and was happy. This second time I am unhappy as the organization is slower, less nimble and very little room to grow and learn. I hope you will have luck with your choice!
Don't forget wind energy as being price competitive for large utility scale renewable energy. Innovation is slower than solar, but in the near future we will be able to build wind farms in lower wind speed areas and offshore.
700 atm? I would never drive with a tank of any significant size held at that pressure.
I think the emphasis of the article is on the "obsess" verb, not on the "big" adjective. Big problems and theories are a fundamental driver but obsessing is not productive.
You make a very good point when you stress the importance of double blind studies of course. However, the problem of translating uncertain results into practice remains key in the medical research area. Who is going to fund your 100 studies with enough statistical power to reduce this uncertainty?
This reminds me of the stem cell research boom and bust of the late 90s and 00s. It turns out that the new and shiny toy doesn't work for everything. However, it's not really a bust, as AI, similar to stem cells applications, will continue to do wonders where it is the best tool for the job.
Energy markets are a bit complicated. Wind energy has a localized value that depends on local supply and demand supported by the associated transmission line. In any case, the price of any energy resource is based on what technology is "on the margin", i.e. what is the cheapest form of energy available at a specific time to satisfy demand. It turns out that US natural gas prices are driving all the renewable energy economics due to their current historically low price. Arguably, oil prices have less of an influence on renewables than the cost of natural gas.
Some areas of TX have a capacity factor of 50% !