What are some applications where its worth taking the highest grade energy (electricity) and turning it into a lower grade (eg liquid fuels), rather than electrifying the application? Electricity to motion is significantly more efficient per input energy than burning fuel->heat-> gaseous expansion->drive a piston->convert to rotation chain. What am I missing about this?
We also use fossil fuels as feedstocks for fertilizers and plastics, so there are very important power-to-X applications which don't involve inefficient combustion.
Something like Terraform would probably have to exist in order to transition away from fossil fuels.
(Source: I'm CEO at a startup with a very different take on the same problem.)