Selected tag(s): Tesla Motors

What Tesla's Powerwall Home Energy Storage Battery Means for Texas

Source: flickr/genphys

Source: flickr/genphys

There is enough solar energy potential in Texas to power the world twice over. Yet currently we rank 10th in the nation (behind New Jersey) with 330 megawatts (MW), which is enough to power about 57,000 homes. Texas is a state of almost nine million households. That's a lot of rooftops, and when you add the number of commercial and industrial rooftops, parking lots, and garages, we are talking about a significant amount of surface area.

Meanwhile, the cost of solar panels has dropped 80 percent since 2008 and prices for rooftop photovoltaic (PV) systems have declined markedly in recent years, dropping 29 percent from 2010 to 2013. Moreover, jobs in the solar industry are booming –SolarCity is hiring significantly more people than leading tech companies like Twitter.

So, what will it take to energize rooftop solar growth in Texas? Well, a recent announcement from one of Texas' “frenemies” may be part of the solution. Read More »

Posted in Smart Grid, Solar| Tagged | Read 2 Responses

GigaFactory Proves that Tesla is Ahead of the Clean Energy Curve, But Does Texas Stand to Benefit?

Source: Texas Public Radio

Elon Musk, Tesla CEO, speaking to Texas Legislature in 2013. Source: Texas Public Radio.

Disruptive technologies tend to follow a certain trajectory. First, they are outliers, often ignored, and typically on the cusp of never entering the market. But, for the successful ones, a tipping point is ultimately reached, after which the technology goes viral and changes the status quo it was designed to replace. In the new energy revolution, Tesla is one such company that has surpassed the tipping point and threatens to change the way we produce, distribute, and consume electricity.

It isn't just Tesla's sleek and beautiful electric vehicles that will be key to disrupting the status quo. At a current price point of around $80,000, most people en masse won’t be able to afford a Tesla, even though the company has plans to develop more affordable models. But what makes Tesla unique, besides the strange genius of CEO Elon Musk, is the potential diversification of its offerings, highlighted recently by the company's announcement to build the GigaFactory, a $5-billion battery factory that will employ 6,500 workers.

Set to open in about three years, the new GigaFactory will be large enough to manufacture more lithium-ion batteries than the entire industry produces now, and due to its sheer scale, is expected to reduce the cost of batteries by almost one-third. Read More »

Posted in Electric Vehicles, Legislation, Smart Grid| Also tagged | Comments are closed
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