sort of. but you could say that about most commodities.
I don't know the scale of what GRV plans. Just enough to offset the bitumen? Or something much bigger? I don't know. I don't think its going to arb out electricity prices for a long time. There's a lot of coal that has to be replaced. Its likely coal is going to do what its doing now, have problems with maintenance and shutdowns that, with reluctant investment, exacerbates supply and raises electricity prices. I think geothermal is more complicated than just drilling some really deep holes. I think earlier entrants get more opportunity to corner the demand and returns while the market takes a decade or more to transition. There wasn't see the same oh no its geothermal sell in STX.
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