This Energy rEVolution is unstoppable now and, if you can believe it, Solar Power can work in the UK as well. Elon Musk even thinks that major part of the electricity in the UK will be generated by Solar in the future. Energy Storage makes this rEVolution possible. Now this lithium technology is coming from labs and into our grid installations. Tesla is building the world largest energy storage project with its Powerpacks in California and it is the great news that the UK is not forgotten after its Nuclear madness. By the time Hinckley Point is operational if ever, Solar Power will be much cheaper even including necessary storage facilities. Every new installation will be bringing the costs down opening new markets for this clean technology. Competition is heating up in the sector and now record low cost for Solar Power will be following with record low costs of energy storage. Below you can find the links showing how it is all connected and becomes possible with record low prices for Solar and why cheap lithium batteries change everything.
"I would like to share this primer on Solar Power Generation with our best minds in the UK busy now to find the way for Britain to become The Great again. Hard work, the first level of physics and some guidance from Elon Musk will do the trick now. Cheap lithium batteries change everything and now EVs are moving into the mass market with GM Bolt and Tesla Model 3. Solar power is here to charge them and lithium battery storage technology makes it 24/7.
It is called The New Energy in China and is a part of the 5-year plans which are exercised with military discipline for the last few decades. Electric Cars, Solar and Wind power with lithium battery domination are all parts of the building of this strategic industry in China to rule in the 21st century. Why the UK can't bring its act together and learn fast from the best practices and avoid costly mistakes?
BOE will print money anyway, just give it to the people who will create jobs and the future for the UK, not to the bankers who have already lost it and will waste it "repairing" their balance sheets. Watch the video."
Tesla To Deploy The Largest 80 MWh Lithium-ion Battery Powerpack Energy Storage In The World In California.
"Tesla comes back into the news in style with the largest lithium-ion battery storage project in the world. Its 20 MW/80 MWh Powerpack installation will be powering Los Angeles area with the capacity enough to provide power for 2,500 houses for a day or charge 1,000 Tesla electric cars.
What is even more impressive that Gigafactory allows Tesla to manufacture and install the system just in 3 months. Now we can start talking about Energy rEVolution coming out of the labs and into our grid for real and Australia is a very bright spot for Tesla in this huge market already. Mass volume production of lithium batteries at Gigafactory will reduce the cost of these installations opening the new market for Tesla and its competitors. Cheap lithium batteries change everything and lithium batteries storage will follow now parabolic rise in Solar Power deployment.
Energy Storage will be an even larger consumer for lithium batteries than electric cars in the long run. You can find the links how they do it at Tesla Gigafactory and the latest McKinsey research below. In other parts of the world, Siemens in Germany is getting ready to a surge in lithium batteries demand.India is coming very strong with Solar Power this year and China is planning to boost Energy Storage 10-fold to 14.5 GWh by 2020. Read more."
It is time to study the "The new economics of energy storage" from McKinsey&Company - they will be pitching it now to their clients. A small note to the authors: Elon Musk has already announced that lithium battery packs at Tesla produced now at $190 per kWh. And mass production of lithium batteries at Tesla Gigafactory will bring this cost down to $100 per kWh by 2020. Energy storage is the missing link between renewables and the old grid, it will consume even more lithium batteries than exponentially growing electric cars.
In places like China, India and Africa trillions of dollars will be saved on infrastructure going with smart grids empowered by Solar and energy storage. There is no need for the fixed telephone lines if you have mobile networks. The same is happening with Energy Generation and Utilities right now. In this case, we are talking about the disruption of $8 trillion dollars Energy industry compare to $4 trillion dollars of transportation. Below you can find links to the report and more information on this fast-growing energy sector. Welcome to the Energy rEVolution: now we can store energy and use it when we want it!
If you think that there is too much hype about Energy Storage now, the anecdote from Tony Seba will be timely: In the mid-1980s AT&T hired McKinsey&Company to forecast cell phone adoption by the year 2000. They have estimated 900,000 cell phones and were off ... by a factor of 120X grossly underestimating the growth in the market and adoption of that new disruptive technology. There were 109 million cell phones by 2000.
"Battery technology, particularly in the form of lithium ion, is getting the most attention and has progressed the furthest. Lithium-ion technologies accounted for more than 95 percent of new energy-storage deployments in 2015.5They are also widely used in consumer electronics and have shown promise in automotive applications, such as plug-in hybrids and electric vehicles. Prices for lithium-ion batteries have been falling and safety has improved; moreover, they can work both in applications that require a lot of energy for a short period (known as power applications) and those requiring lower amounts of energy for longer periods (energy applications). Collectively, these characteristics make lithium-ion batteries suitable for stationary energy storage across the grid, from large utility-scale installations to transmission-and-distribution infrastructure, as well as to individual commercial, industrial, and residential systems.Our model confirms the centrality of lithium-ion batteries to utility-scale energy storage, but with two important caveats. First, it is critical to match the performance characteristics of different types of lithium-ion batteries to the application. For example, we looked at two major lithium-ion-battery providers that were competing to serve a specific industrial application. The model found that one company’s products were more economic than the other’s in 86 percent of the sites because of the product’s ability to charge and discharge more quickly, with an average increased profitability of almost $25 per kilowatt-hour of energy storage installed per year. McKinsey&Company." Read more.