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Tesla Could Be Changing The Dynamics Of Global Energy
Oilprice.com ^ | 28-04-2015 | Prince In White Tesla

Posted on 04/28/2015 10:13:13 AM PDT by bananaman22

Tesla’s announcement last week about creating a new line of batteries for use by businesses, consumers, and the electrical grid at large is a game-changer for the industry. Currently, when individuals or companies need back-up power, they usually rely on generators. Effective battery storage for large amounts of energy would be a game changer in that it would enable a separation of generation and use of energy produced through clean fuels like solar and wind power.

The big problem with solar and wind right now is that the energy is only useful when it is actually produced and, because a company cannot modify generation to correspond with demand needs, any excess power has to be sold back to the market for immediate use. Tesla’s new batteries could go a long way towards solving this problem. It is likely that Solar City, for example, would be very interested in any home application for large scale battery technology.

The unique differentiator here is not necessarily Tesla’s technology. The company certainly has state of the art tech, but what might make battery production feasible is the economies of scale that Tesla is looking to capture in battery production. Tesla’s new gigafactory will be an enormous production facility when it is completed and the facility should be able to produce 50 GWh of annual battery production eventually. This level of production should enable mass production of batteries at a fraction of the current cost.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Miscellaneous; Science
KEYWORDS: batteries; battery; electricity; elonmusk; energy; homebattery; hydrocarbons; innovation; methane; opec; petroleum; spacex; tesla; teslabattery
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1 posted on 04/28/2015 10:13:13 AM PDT by bananaman22
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To: bananaman22
because a company cannot modify generation to correspond with demand needs

What? That is what utilities have been doing for over a century.

Some forms of generation do it easier than others.

2 posted on 04/28/2015 10:16:54 AM PDT by thackney (life is fragile, handle with prayer)
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To: bananaman22

The cars are not the big deal. The batteries are.

Anyone can throw electric motors and batteries in a car and make an electric car. But “new” battery technology could make electric cars practical. Likewise new motor tech.

When I heard that they literally used a few thousand PC batteries I knew we were not there yet.

What I’d really like to see is a graphene based super-capacitor.


3 posted on 04/28/2015 10:17:22 AM PDT by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: bananaman22

We have *got* to get rid of, or at least reduce our dependence on, this “grid” thing.


4 posted on 04/28/2015 10:19:08 AM PDT by Fester Chugabrew (Even the compassion of the wicked is cruel.)
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To: cuban leaf

The batteries aren’t the big deal.
The subsidies are.


5 posted on 04/28/2015 10:19:25 AM PDT by SJSAMPLE
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To: thackney

The point is that it’s hard to store the power. Imagine excess electricity from a hydro plant used to pump the water back into a high elevation water storage facility and then, when extra power is needed, that water drops back through turbine generators of its own.


6 posted on 04/28/2015 10:19:58 AM PDT by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: thackney

In this context, we are talking about global power production, which indeed would be extremely hard to influence by just one company


7 posted on 04/28/2015 10:22:31 AM PDT by bananaman22
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To: SJSAMPLE

Well, there is THAT. ;-)


8 posted on 04/28/2015 10:23:23 AM PDT by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: cuban leaf

They do this already, that is, pump water uphill at night and release it for peak use during day.


9 posted on 04/28/2015 10:23:31 AM PDT by oncebitten (Obama: could not get a clue if he were covered in clue musk and standing in a field of horny clues.)
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To: bananaman22

Finding a way to store renewable energy is actually important, because due to the intermittant nature of solar and especially wind, backup power generators must be available. Germany has spent hundred of billions of dollars on renewables energy production, but hasn’t removed any fossil fuel capacity. So batteries would be a competitor to using a backup generator.


10 posted on 04/28/2015 10:25:23 AM PDT by Vince Ferrer
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To: cuban leaf
The point is that it’s hard to store the power.

It is expensive to store power. But the claim that generation is not varied because of demand is false. We do it every single day, every hour. It can also be expensive depending of the size of the high and low peaks.

11 posted on 04/28/2015 10:26:04 AM PDT by thackney (life is fragile, handle with prayer)
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To: bananaman22
In this context, we are talking about global power production

I don't see that. They are talking about multiple "small" batteries systems, individually placed in many different locations. It doesn't solve a global issue, only a local.

12 posted on 04/28/2015 10:27:34 AM PDT by thackney (life is fragile, handle with prayer)
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To: bananaman22; cuban leaf

If, if, if... have they really come out with a revolutionary battery design or is it mostly all talk. BTW, they ought to talk to whomever supplied batteries to Mercedes back in the 1980s. When I went to replace the battery on my 1984 300D circa 2007 or so, the mechanic informed me that that was the original battery!


13 posted on 04/28/2015 10:27:38 AM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: SJSAMPLE

The batteries aren’t the big deal.
The subsidies are.


And press releases like this will keep the subsidies coming.


14 posted on 04/28/2015 10:32:32 AM PDT by boycott
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To: bananaman22
Hmm... I don't really think Tesla is going to be able to make that big of a change, especially with this kind of stuff:

The Tesla Gigafactories Are Coming. Can Global Lithium Supply Keep Up?
15 posted on 04/28/2015 10:34:34 AM PDT by Svartalfiar
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To: oncebitten

They do this already, that is, pump water uphill at night and release it for peak use during day.


I need to withdraw my patent...


16 posted on 04/28/2015 10:35:04 AM PDT by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: cuban leaf

They do that at some nuke plants.


17 posted on 04/28/2015 10:35:31 AM PDT by lacrew
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To: bananaman22

It’s a good thing liberals love Tesla. If this were a conservative company there is no way in hell they would be allowed to mind for the battery’s raw materials.


18 posted on 04/28/2015 10:35:37 AM PDT by Organic Panic
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To: cuban leaf

http://www.hydro.org/tech-and-policy/technology/pumped-storage/


19 posted on 04/28/2015 10:38:30 AM PDT by thackney (life is fragile, handle with prayer)
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To: lacrew
They are not tied to a type of generation. They are often built in the same location as hydro plants. They just need connection to the grid.
20 posted on 04/28/2015 10:42:11 AM PDT by thackney (life is fragile, handle with prayer)
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