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Batteries will grow to supply more power than all generators on Earth do today — by a lot.
The energy humanity gets from fossil fuels is less than 1% — *of 1%* — of what Earth receives from the Sun.
Solar + storage will provide many times the power all of human civilization uses today.
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Jesse Peltan
@JessePeltan
1,000 kWh -> $1,000 of GDP
Global energy supply needs to 4x for the world to have American levels of abundance
Batteries will allow the electricity markets to act like all other commodities markets - finally enabling power to be traded over space, time, and form.
Depends on price, but yeah.
Its like warehouses for electricity. No other commodity is expected to be manufactured on-demand like electricity is (was!).
The worst part is that our secretary of energy completely dismisses solar and storage
Storage LOL, as soon as subsides go away so does everything else.
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Fun fact: the. revolution will start from rural communities that will go fully renewable for simple economical reasons.
by lowering the access cost to grid balancing, megastack enable local sustainable solar production and distribution at fractional cost.
It’s a bit silly how clueless they really are.
Low hanging fruit.
The 20 days install time aspect is so impressive. The grid is going to need that.
Yes if battery costs get down to $10 per kwhr and 10,000 cycles (30yrs), and 100% efficient. If so, then time shifting a kwhr will only costs 0.1 cents. Until then it's still very expensive without subsidies. See CA.
Isn’t storage teslas most profitable sector? Like much more profitable than cars
Sure but isn't it going to be mostly sodium ion?
NMC: 1300 cycles
LFP: 3000 cycles
Na-ion: 8000 cycles
And it requires less temperature management.
Smart governments will bulk purchase storage to augment grid and take advantage of off-peak capacity. Genius governments will cover costs of solar roofing to create additional charging capacity
Trump should be embracing this technology.
If the government really cared about the USA, why would they scrap the battery credits. Makes zero sense as China is 1000 times ahead of the USA. Wait till China buys up these new mega packs
They’re still talking about replacing electricity production with solar and batteries.
Maybe we need to start talking about replacing all fuel with solar and batteries.
