Capacity Quote by George P. Shultz
“Strong growth means increased use of energy at a pace that can strain the capacity to supply what is needed at a reasonable price.”
About This Quote
Source Speech: Energy policy address, 1995
Rapid economic growth raises energy demand, potentially outpacing supply and driving up prices.
In simple terms: Growth can strain energy supply and raise costs.
Plan for diversified, sustainable energy sources.
Themes
Mood
Type
When to use this quote
- government budgeting
- industrial expansion
- urban planning
- price forecasting
Key Concepts
Questions to Reflect On
- What policies can smooth demand spikes?
- How can businesses hedge against energy price volatility?
Renewables may not scale quickly enough to meet sudden demand spikes.