Tesla Plans To Power Its Gigafactory With Renewables Alone
AmiMoJo writes In his press conference, Elon Musk stated that the factory will produce all of its own energy using a combination of solar, wind, and geothermal. Engineering.com looks at the feasibility of the plans. Spoiler alert: it looks possible, though some storage will be required. Fortunately, if there is one thing the Gigafactory won't be short of it's batteries. From the article: "The numbers don’t lie. The site could realistically produce more than 2900 MWh of renewable electricity each day ... 20% more than it needs. These are conservative estimates on production and worst-case estimates on consumption, and it’s clear that there’s enough renewable energy to run the plant with some to spare."
"all of its own energy using a combination of solar, wind, and geothermal"
No, that's not what it says. It says it will be net-zero. That's a big difference.
This plant will be grid-connected. It will simply produce as much energy as it uses. Not all the time, not 24 hours.
My guess, without having any particular knowledge, is that the factory will have some kind of internal grid system (fairly common), and aligning the factory with a compass direction means you can easily convert between internal coordinates and lat/lon GPS coordinates. Of course assuming you aren't converting by hand, it's not really hard to convert even if the factory were not axis-aligned.
I could be way off, but I can't think of another way that statement could make sense.
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If you live in Nevada, then they're indirectly getting your tax dollars (in that they are getting cheaper rates and tax breaks, rather than actual money handed over). However, the economic impact of the gigafactory is apparently expected to outstrip the tax breaks by a ratio of 80:1, so it sounds like a good deal... if the economic benefits the governor of Nevada is claiming are realized.
Why does his company need a huge pile of tax breaks to succeed? If I open a company tomorrow, how can I get away with not paying taxes?
Offer to open a factory and let localities knock themselves out trying to woo you. This is not unique to Tesla.
Why are Tesla's debt bonds in Junk status but he continues to get freebies from states?
It is junk because the business has a lot of risks, not because the business plan is fundamentally unsound. Bonds are rated according to risk. In the long run the riskier investments pay out more. Look at the stock price of Tesla if you want to see where the market thinks it is going.
Why are Tesla's cars so rudely expensive? Is there a plan for a 4 door sedan that a real family can afford in the 20K - 30K range like the Prius?
You cannot buy a battery so large at the moment for such a low cost. In part, this factory is an attempt to get some economy of scale so that the price will come down. But also remember that the margins on a luxury car are far higher than the margins on a family sedan. Toyota makes something like 20% on each Lexus that it makes, but only 10% overall (including Lexus). You would be nuts (or very, very confident) to enter the sub-10% market with a new product. Tesla may very well enter the low-end market some day, but I wouldn't hold my breath. For now, think of them as Audi, BMW, or Mercedes.
Why are guys who run factories employing tons of US citizens in US based factories (like Toyota) who produce super reliable product with great mileage get slapped by the media when a bogus story about a gas pedal getting stuck?
Are you kidding? Just wait until Tesla slips up. They will eventually, and the media will jump all over them. The only thing that the media loves more than an underdog is the story of a fallen angel.
Not sure why people need a super-hero.
If you can solve that, you will change the world in a serious way. You'll put a lot of "personalities" out of business - from Obama and Putin to the gossip columnist at the Enquirer.
3.8 million priuses have been sold and cab drivers will tell you they easily go into the 300K range and even if the battery runs out the car is still useable.
Prius is not all electric. Tesla makes no hybrids. If the Prius were all electric it would probably cost another $10k, or it would have to downsize like the Leaf.
But instead we continue to give money to the cartoon guy.
I'm not sure why you are picking on Tesla. We give tons of tax breaks to Toyota. Google for "Toyota Plano tax breaks" to see about their new headquarters. Hell, the Prius was directly subsidized for years through the same federal tax credit as the Teslas. Nissan and Mitsubishi get the exact same tax credit as the Tesla.
W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
Tesla has paid back its department of energy loan a long time back and last I checked, didn't take out another.