Batteries Included, Thanks To Tesla

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 and feed-in tariffs are going down. It is becoming an economic no-brainer to install a battery with your rooftop solar.Bloomberg New Energy Finance believes that the energy storage decade has arrived. BNEF forecasts there will be 1 terawatt-hour of batteries installed around the world by 2030.

“The CSIRO predicts that by 2050, up to 60% of rooftop solar owners will have installed a battery energy storage system also, though considering the rapid change occurring in the energy storage market, highlighted by BNEF’s 2030 forecast, this Australian prediction could wind up being quite conservative,” Natural Solar opines. TheBy making desirable mass produced electric vehicles and their necessary batteries, Tesla has changed the game for batteries the world over.

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