Tesla says batteries and solar point the way to cheap electricity in 10 years

Tesla

Energy storage technology is one of the keys to popularize solar energy generation and it is the point on which Tesla's chief technology officer relied to give a lecture on this type of clean energy.

JB Strauble, TCO of Tesla, spoke at the conference to talk about the virtues of the lithium-ion battery and as energy storage is vital for solar and wind power, when dusk falls on the horizon and the wind stops rising.

Energy storage projects they don't always need to be paired with renewables. Certain operators in California and the eastern United States are purchasing these storage systems to improve the efficiency of their electrical networks.

On the other hand Strauble maintained that battery costs will fall faster than expectedThe same will happen with the demand for equipment for energy storage, which will go hand in hand with solar panels. The combination will create a stream of electricity cheaper than fossil fuels.

10 years is what Strauble gives so that we have cheap electricity with an energy independence as has not been seen before.

This prediction comes based on Tesla's own plans to create a large-capacity lithium-ion battery factory in Nevada which will begin to produce these types of products next year. The factory is designed to increase its production capacity to 50 gW hour annually by 2020, enough to run 500.00 Tesla cars.

Tesla is still on everyone's lips since it will unveil its two options as home batteries in May, one for home and one for larger business facilities. The residential version has been designed in particular to fit perfectly in the corner of a garage. Even recently we learned how increased storage capacity for the same price.


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