Futurist Jim Carroll<p>Megatrend **#6** - The Inevitability of Electrification - "The global power grid is being rewired. You can either argue about the old outlets or help connect the new ones."- Futurist Jim Carroll</p><p>The massive shift from carbon combustion to electric power is transforming transportation, infrastructure, and energy supply chains. This is not a gradual transition but rather a fundamental rewiring of how power flows through our economy. Some folks have made it a culture war but that will have little impact in the long run - or will cost certain regions dearly as the future marches on.<br>For quite some time, I've bemoaned the fact that for a while now, obvious issues of future progress are being set back at various places in the world as they become a part of the culture wars - such as here.</p><p>But, here we are.</p><p>And the funny thing is, despite that, the rest of the world marches on.<br>The global shift to an electrified energy system is no longer a question of if but how fast - the transition has surpassed a critical tipping point. It's being driven by three powerful, self-reinforcing forces: superior economics, accelerating technological innovation, and entrenched market momentum. I generated a PDF that summarizes all this, which you can access here.</p><p><a href="https://pdf.jimcarroll.com/Megatrend6-Electrification.pdf" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">pdf.jimcarroll.com/Megatrend6-</span><span class="invisible">Electrification.pdf</span></a></p><p>No doubt there are some hurdles - much of it having to do with politics, not science - those are transitory, and will be limited to nations that choose to try to go back to the way it was, not to where the rest of the world is going.</p><p>Why? At its core, the shift to electrification is fueled by powerful economic advantages.</p><p>Cost Competitiveness: Renewables are now the cheapest source for new power generation in most markets across the globe. 81% of all new renewable capacity added worldwide in 2023 generated electricity more cheaply than the most economical fossil fuel options.</p><p>Price Stability: With zero fuel costs, renewables offer predictable electricity prices for the long term, protecting economies from volatile fossil fuel markets. This volatility acts as a hidden tax; at its peak in 2022, rising energy prices were responsible for one-third of the 40-year high inflation in the United States.</p><p>Externalities: The world is increasingly recognizing the hidden costs of fossil fuels, from climate damage to severe health impacts. Fossil fuel air pollution is linked to 4.5 million premature deaths annually, carrying a global economic cost of $2.9 trillion each year.</p><p>At the heart of this is a continuous cycle of innovation that accelerates the transition.</p><p>---</p><p>**<a href="https://mastodon.futurist.info/tags/Electrification" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Electrification</span></a>** **<a href="https://mastodon.futurist.info/tags/Energy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Energy</span></a>** **<a href="https://mastodon.futurist.info/tags/Transition" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Transition</span></a>** **<a href="https://mastodon.futurist.info/tags/Innovation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Innovation</span></a>** **<a href="https://mastodon.futurist.info/tags/Renewable" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Renewable</span></a>** **<a href="https://mastodon.futurist.info/tags/Electric" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Electric</span></a>** **<a href="https://mastodon.futurist.info/tags/Grid" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Grid</span></a>** **<a href="https://mastodon.futurist.info/tags/Technology" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Technology</span></a>** **<a href="https://mastodon.futurist.info/tags/Sustainability" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Sustainability</span></a>** **<a href="https://mastodon.futurist.info/tags/Future" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Future</span></a>**</p><p>Original post: <a href="https://jimcarroll.com/2025/07/decoding-tomorrow-30-megatrends-6-electrification-revolution-the-global-power-grid-is-being-rewired-you-can-either-argue-about-the-old-outlets-or-help-connect-the-new-ones/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">jimcarroll.com/2025/07/decodin</span><span class="invisible">g-tomorrow-30-megatrends-6-electrification-revolution-the-global-power-grid-is-being-rewired-you-can-either-argue-about-the-old-outlets-or-help-connect-the-new-ones/</span></a></p>