The Future of Renewables, Solar, Battery Storage and Electric Vehicles

Electric_Car_rechargingA global renewable energy transformation is underway. The proposed merger between Tesla and Solar City outlines the shape of things to come.

The integration of solar panels with battery storage and electric vehicles is the paradigm for both ecological global economic growth, and reaching the goals of the Paris Climate accord as reported by Roy Morrison.

An integrated renewable energy company will combine electric vehicles, battery storage, and solar electric panels, all with rapidly expanding market share and plunging prices. Globally, investment in cheap and carbon free solar energy is already rapidly supplanting fossil fuels.

Whether or not Tesla’s corporate reorganization proceeds, this is the model for a global renewable energy company with a comprehensive and compatible product line.

Elon Musk of Tesla understands that the combination of increasingly cheaper solar panels with rapidly developing and affordable battery storage makes 100% renewable energy systems achievable globally.

Mega battery and photovoltaic factories, being constructed by Tesla and others like Faraday Future in the United States, and in India, China, Ghana, mean that global industrial productive might is being rapidly deployed for a renewable energy transformation.

Benchmark Mineral Intelligence estimates that at least 12 lithium ion mega-factories will come online by 2020. Seven of them in China. Sony is pushing forward with sulfur lithium battery development. China has passed the US in yearly production of electric vehicles by the start of 2016. 250,000 to 180,000 a year. China is now also global leader in lithium battery anode production. The French oil giant Total has bought the lithium battery company SAFT for $950 million as big oil is beginning to see where the sun is shining. And even the Saudis are now planning for major solar development as oil revenues collapse.

Profit driven renewable enterprises need sensible encouragement by fair market and utility rules, not carbon taxes, in order to continue to rapidly transform the global energy balance. Regulators and politician need to support, not sabotage the renewable energy transformation.

Instead of economically destructive and costly carbon taxes that would put a break on all economic activity, what’s needed is using the already successful renewable portfolio standards (RPS) mandating an ever increasing percentage of renewable energy.

The more renewables that are built , the lower the cost, the less pollution,the more good community jobs are created. California and its utilities and regulators are a good example of how we are moving rapidly toward a renewable turn. To read more click here.

The National Sustainability in Business Conference; renewables, markets, innovation, opportunities and capital will be held 23 – 24 March 2017 at the Hotel Grand Chancellor, Brisbane.

To register for the conference CLICK HERE.

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