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Why Morgan Stanley Is Betting That Tesla Will Kill Your Power Company
Jason Koebler (3528235) writes One major investment giant has now released three separate reports arguing that Tesla Motors is going to help kill power companies off altogether. Earlier this year, Morgan Stanley stirred up controversy when it released a report that suggested that the increasing viability of consumer solar, paired with better battery technology—that allows people to generate, and store, their own electricity—could send the decades-old utility industry into a death spiral. Then, the firm released another one. Now, it's tripling down on the idea with yet another report that spells out how Tesla and home solar will "disrupt" utilities.
Half of Americans rent. People who rent can't do anything to their property. Apartment buildings are stuck with whatever they were built with 40 or 50 or more years ago. They're built using the cheapest technology available at construction time and they're never upgraded. When they get old enough they become the bad part of town or in some cases the outright ghetto until they collapse or are torn down. Some people rent houses, but there is no way your landlord going to put solar panels and a charging system in your rental unit, at least not this decade and not bloody likely the next.
When I read here on Slashdot about intelligent devices in homes, or this thing people have called garages, or home chargers for vehicles, or fiber to the home, it kind of makes me laugh because these aren't most people. These are the things that less than half of Americans even have a chance of using.
People who rent aren't necessarily poor. Many renters in New York City, Boston, and San Francisco would be informally considered rich in most of the United States.
The electric company will continue to serve at least 50% of Americans indefinitely.
A company making an electric car, which has the potential to roughly double residential electrical demand, is going to put the utilities out of business? Using two of the biggest vaporware technologies around -- practical residential solar and really good batteries? The only thing they left out is nuclear fusion.
FYI, transmission losses over 4000 miles is 7%.
100% solar panels? we could trivially wipe out a day time use.
We can use gravity systems for storage.
Fuck, if this was 1930, we would be doing it all ready. Now everyone is a whiny ass afraid of big projects.
The bests roads, best education system, best space agency, tallest buildings, longest bridges all see to be in the US, but apparently everyone has given up and have no problems watching out civilization built into straw start to blow away. At least billionaires get to keep more billions and suck money out of the system; which is what kills the middle class..
A massive solar project would pretty much put everyone to work, increase the tax base.
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