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this post was submitted on 02 Oct 2023
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It's hard to load solar energy on oil tanker.
Joke apart, how would they make money with solar energy? Oil is a very limited resources that can be transported very easily. Every country in the world needs oil but only a few country can supply it so the business model is extremely straight forward: export oil to the countries that has the money to buy it.
Now what is the business model with solar energy? Every country in the world has sun and electricity is hard to export over long distance so what are they doing with it ?
They can do anything, from data centers to any industrial production line. At worst they recycle aluminum.
Not every country has that much sun and the space. You don't want to clear forests or farmland for solar energy.
Hydrogen Production would be the logical thing.