In a recent Ted talk that took place at the Tesla Gigafactory Texas, Elon stated that the world would need 300 TWh of battery capacity to be fully sustainable.
Giga Texas at full steam is predicted to produce 0.1 TWh. Elon believes that, overall, Tesla could scale up to 10% of world needs in the next few decades — 30 TWh. Where will the rest come from?
Not sure about the rest of the world, but here in Australia we are poised to begin a massive uptake in home batteries coupled with rooftop solar. Power prices are going up (as coal-fired power stations fail on a regular basis, creating a fickle grid) and feed-in tariffs are going down. It is becoming an economic no-brainer to install a battery with your rooftop solar. That means energy security and money in your pocket.
I recently had a Red Earth battery installed to save my solar output.
Bloomberg New Energy Finance believes that…
Batteries Included, Thanks To Tesla
