Tag Archives: Batteries

Tesla’s New Battery Biz + The Future of Energy in America

I noticed this article on redef.com:

Tesla Isn’t An Automaker. It’s A Battery Company

I tend to agree with this for several reasons. Here’s my thinking.

The use of batteries in our power grid has some HUGE economic potentials and benefits. They’ll fundamentally transform our utilities from businesses built around power generation to business built around power distribution and management, and they’ll significantly reduce the need to build any more power plants for a couple of decades, if ever. (I say “if ever” because as renewable power sources come online, they’ll offset the need for centralized power generation at a rate similar to the adoption of batteries.)

Here’s why:

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