🛢 Energy & Commodities risk-on · 1–3 years
A what‑if from the future

What if Solar plus storage hits rock bottom?

Solar-plus-battery LCOE falls below $20/MWh in sunbelt regions, making clean power the cheapest energy in history and undercutting fossil baseload.

36%
our model probability
over 1–3 years
prediction markets — wisdom of the crowd
loading live odds…
Empirically anchored 36% · 90% range 5–66% · 11 analogues · measured class deflation 69% in 3 yr · 3% held back for the unknown
how we built this number — every step
Measured class rate — deflation ≈0.3895/yr → 69% in 3 yr69%
Analyst prior · editorial share 58% of the class40%
Pooled · weight 65%37%
Crowd — no liquid market
Reserve 3% · no extremizing (×1.0)37%
Published36%

The class rate is measured from our dated, sourced event library (decade-normalized Poisson — the full table is public at base_rates.json). The variant’s share within its class is the analyst’s editorial call, published so you can audit it. A wider range means thinner precedent. Full recipe: methodology · scored at Reality Check.

The butterfly cascade

How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.

Resolution timeline — how this probability is moving

Our model's odds (gold) over time vs the crowd's (Polymarket, blue), from the past toward the 1–3 years horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. The gold path is an illustrative reconstruction anchored to today's estimate — real dated events, not a live re-estimate history.

loading the timeline…

What it would mean

If this plays out, it is a risk-on shock. Solar-plus-battery LCOE falls below $20/MWh in sunbelt regions, making clean power the cheapest energy in history and undercutting fossil baseload. The trigger decomposes into signed root‑shocks — Clean-energy abundance ▲ · Inflation expectations ▼ · Risk appetite ▲ — which propagate through our causal graph to the markets below.

If it happens — the markets it would move

Biggest moves first. Projected moves are cascade-model priors; hist A–B% = what comparable past events actually did (measured abnormal returns), and model prior · unmeasured marks markets with no analogue backing yet. Tap any market for its price history.

MarketClassProjected move
1Energy sector XLEon Hyperliquid 📈 chartEquity▼ -2.1%
hist -2.44–-0.61% · other way -3.23% (n=10)
2Brent crude BRENTon Hyperliquid 📈 chartCommodity▼ -1.8%
hist -1.89–-0.81% · other way -4.83% (n=10)
3ExxonMobil XOM 📈 chartEquity▼ -1.6%
hist -2.16–-0.14% · other way -1.86% (n=12)
4WTI crude CLon Hyperliquid 📈 chartCommodity▼ -1.6%
hist -2.97–+0.81% · other way -5.83% (n=10)
5Nasdaq 100 NDXon Hyperliquid 📈 chartIndex▲ +0.9%
hist +0.36–+0.71% · other way +0.35% (n=10)
6Solana SOLon Hyperliquid 📈 chartCrypto▲ +0.8%
hist -5.61–+8.15% · other way +0.19% (n=7)
7Hyperliquid (HYPE) HYPEon HyperliquidCrypto▲ +0.7%
model prior · unmeasured
8United Airlines UAL 📈 chartEquity▲ +0.9%
hist -5.42–+9.81% · other way +16.17% (n=10)
9MicroStrategy MSTRon Hyperliquid 📈 chartEquity▲ +0.7%
hist -4.78–+6.93% · other way +6.08% (n=10)
10Ether ETHon Hyperliquid 📈 chartCrypto▲ +0.6%
hist -1.7–+3.4% · other way +1.46% (n=8)
11Tech sector XLK 📈 chartEquity▲ +0.7%
hist +0.32–+0.67% · other way +0.34% (n=10)
12Chevron CVX 📈 chartEquity▼ -0.7%
hist -1.56–+0.37% · other way -1.89% (n=12)
13Delta DAL 📈 chartEquity▲ +0.8%
hist -3.58–+8.56% · other way +6.61% (n=10)
1430y Treasury yield DGS30 📈 chartRate▼ -5bp
hist -6.53–-0.37% · other way +7.2% (n=12)

Probable recommendation

If the scenario above plays out, the probable cross‑asset positioning → a scenario‑conditional read, not personalized investment advice
For a common-man portfolio: A typical stock-heavy portfolio should benefit. Stay invested; you can lean modestly into the beneficiaries below.
Also moves (not yet on Hyperliquid): ExxonMobil -1.6% · United Airlines +0.9% · Tech sector +0.7% · Chevron -0.7% · Delta +0.8% · 30y Treasury yield -5bp

Historical precedent — what analogous events actually did

Across 11 analogous events (overlap‑weighted), as abnormal returns — market beta stripped, so it's the event's own effect, not the market backdrop. Shown at 20 days (persistent) and 5 days (immediate); ↺ fades = the two horizons disagree. Confidence = consistency × sample × significance.

Henry Hub natural gas hits a 25-year low amid record US production 2024-11 Waha hub natural gas prices crash to record negative on Permian glut 2024-08 PJM grid emergency during Winter Storm Elliott 2022-12 NIF achieves fusion ignition 2022-12 European TTF gas hits all-time record high 2022-08 Texas grid failure during Winter Storm Uri 2021-02 California rolling blackouts during a record heatwave 2020-08 WTI crude futures settle negative as demand collapses 2020-04 Oil collapses from $147 to the $30s as the GFC craters demand 2008-12 Northeast blackout cascading grid failure hits ~55 million 2003-08 Gulf War air campaign begins 1991-01
AssetHistory saysAbnormal (20d · 5d)HitnConfidencevs cascade
DAL DALLONG+7.9% · 5d +0.3%80%9 0.55✓ matches cascade
UAL UALLONG+9.4% · 5d -1.1% ↺ fades70%9 0.36✓ matches cascade
SPX SPXLONG+1.7% · 5d +0.1%67%11 0.31✓ matches cascade
ETH ETHLONG+3.1% · 5d -1.8% ↺ fades72%8 0.30✓ matches cascade
Volatility VIXSHORT-4.2% · 5d -4.1%67%11 0.25✓ matches cascade
NDX NDXLONG+0.1% · 5d -0.6% ↺ fades62%11 0.19✓ matches cascade
Gold XAULONG+1.3% · 5d -0.4% ↺ fades59%10 0.17✓ matches cascade
XOM XOMSHORT-0.9% · 5d -0.0%58%11 0.15✓ matches cascade
SOL SOLLONG+8.0% · 5d -6.9% ↺ fades61%8 0.15✓ matches cascade
SMH SMHSHORT-0.6% · 5d -0.8%59%10 0.15⚠ differs
COIN COINLONG+18.4% · 5d +3.6%58%5 0.14✓ matches cascade
High-yield credit HYGLONG+1.6% · 5d -0.5% ↺ fades55%9 0.09✓ matches cascade
MSTR MSTRLONG+6.8% · 5d -5.6% ↺ fades55%10 0.08✓ matches cascade
CVX CVXSHORT-1.0% · 5d -0.3%54%11 0.08✓ matches cascade

Methodology. Probability and impact are anchored to history and scored against what actually happens — wins and losses, in public, at Reality Check. Crowd odds live from Polymarket & Kalshi. By Vikas Singh, Quantitative Strategist. Updated 2026-07-03.