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Why Elon Musk's Batteries Frighten Electric Companies

JoeyRox writes: The publicized goal of Tesla's "gigafactory" is to make electric cars more affordable. However, that benefit may soon be eclipsed by the gigafactory's impact on roof-top solar power storage costs, putting the business model of utilities in peril. "The mortal threat that ever cheaper on-site renewables pose" comes from systems that include storage, said physicist Amory Lovins. "That is an unregulated product you can buy at Home Depot that leaves the old business model with no place to hide."

4 of 461 comments (clear)

  1. Is Bloomberg the New Buzzfeed? by eldavojohn · · Score: 5, Informative
    What the hell is up with the title of this article? Nowhere did I find any indication of anyone being "scared" or "frightened." On the contrary the article presents contradicting information:

    Still, the Edison Electric Institute, a trade group representing America’s investor-owned utilities, recently announced that its members will help to encourage electric vehicle use by spending $50 million annually to buy plug-in service trucks and invest in car-charging technology. “Advancing plug-in electric vehicles and technologies is an industry priority,” said EEI President Thomas Kuhn.

    Uh, "advancing as a priority" is actually the opposite of fear.

    Southern California Edison is planning to spend about $9.2 billion through 2017 to allow the two-way flow of electricity on its system, said Edison International CEO Ted Craver. “We are certainly big supporters of electric transportation,” Craver said. He added: “That electric car isn’t just going to stay at home. It’s going to go other places. It’s going to need to get charged in other places. And I think our ability to provide that glue for all those things that are going to plug into that network is really how we see our core business.”

    Again, sounds positive. Actually the only negative thing in the article is that electric cars might cause a load our infrastructure isn't ready for -- to the contrary a solar charging station in the home would mitigate this. Is the new journalism format to title your articles with a thesis directly contrary to all the actual evidence you're about to present?

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    My work here is dung.
  2. Re:Are they really that scared? by Lumpy · · Score: 5, Informative

    it costs them? You have ZERO clue how electricity works or solar grid syncing systems work?

    I pay 100% of the equipment costs, I pay 100% of the installation costs, I pay 100% of the inspections and certifications. they pay NOTHING. Then they get to resell my power to my neighbors. Their meter does not run backwards to give me any credits. They do nothing at all.

    I strongly suggest that you learn about what you are spouting off about before you open your mouth and sound like a complete and utter fool to the rest of us that actually have solar installations.

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    Do not look at laser with remaining good eye.
  3. Re:Are they really that scared? by Mike_EE_U_of_I · · Score: 5, Informative

    The Edison Electric institute is a trade group for electric utilities. They published this report in January of 2013.

    http://www.eei.org/ourissues/f...

    That report changed the attitudes of a huge number of electric utility executives. Before this report, I would describe most electric utility executives as indifferent to solar PV. They viewed it as a marginal technology and that it would probably always be a bit-player. After that report, pretty much none of them feel this way. Many executives at electric utilities are terrified of solar and are spending significant amounts of money lobbying against it.

  4. Re:Are they really that scared? by Lumpy · · Score: 5, Informative

    No they dont. They do not install a special substation to handle my solar power, in fact they do nothing at all.

    Connections to a solar home and a non solar home are 100% identical. In fact my connection is well over 25 years old and my solar install is less than 5. They changed nothing at all. when I installed the system they did not even turn off the power. just the main house breaker for 5 minutes by the electrician when he tied everything together.

    Whoever is telling you they have to install "special" equipment on the power grid to support solar home installations is making things up.

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    Do not look at laser with remaining good eye.