It is all coming together finally according to the Master Plan 2.0 from Elon Musk. Stunning Solar Roofs powering houses and electric cars. Tesla Powerwall 2.0 is very impressive. It is priced at $5,500 and has twice as much energy storage than Powerwall 1 with 14 kWh of storage and 7 kW of peak power output. It is enough to power lights, sockets and a refrigerator of a 4 bedroom house for a full day, according to Tesla! With a Solar system on your roof, you can power with this Powerwall 2.0 such house "indefinitely." We have a real Energy rEVolution happening, now Solar can work 24/7. Thanks to "The Learning Curve" we will have the prices of lithium batteries going down with mass volume production. Elon Musk has unveiled the Powerpack 2 for utilities as well: now it is coming with already double the energy density compared to Powerpack 1 - 210 kWh and 50 kW peak power output. Solar roof from Tesla stands on its own, just watch the video!
Tesla Solar Roof.
Next logical step for me, in order to really ignite the Energy rEVolution, is to bring the "Pay As You Go" financial solution to Tesla packages: you buy Tesla Solar, Lithium Battery and Electric Car and pay quarterly like your utility bills. It will make "The Switch" happening very fast. I will leave it to Elon Musk and we are busy to build the secure lithium supply for this coming tide of demand. Millions of houses powered by Solar and Millions of Electric Cars: Lithium Technology is here and Elon Musk is making it all possible.
Tesla Powerwall 2.
International Lithium and Ganfeng: Major Catalyst For Electric rEVolution And Security Of Lithium Supply.
"We have discussed before the fast changing geopolitical landscape in the world and why New Energy Plan in China can change the balance in our world's economic system just in a few very short years. For more than 100 years oil was our only major source of energy powering the economic growth. Oil means power and power means oil - this sentence can determine the politics of all 20th century. But not anymore. We are just at the tipping point of the major tectonic shift from the centralized energy systems to the distributed electricity generation and its consumption when we want it. Electricity is the most efficient form of energy known to us. Now, thanks to "The Learning Curve", we can produce it very cheap with solar and wind and we can store it very efficiently using lithium batteries. Cheap lithium batteries change everything here. We are in the catalyst stage of moving from 2 to 7000. 2 is the number of batteries in your farther's first remote control, 7000 is the number of lithium batteries in Tesla Model S.
Tesla is making the headlines demonstrating the potential of lithium technology. Elon Musk has proved that electric cars are just better. Here comes the China's New Energy Plan in the picture as the major driving force for The Switch with its state-level military style planning and execution - you can find more details about it in my previous posts.
Two major Chinese companies Ganfeng Lithium and Tianqi are part of this state-level plan to build the Electric rEvolution from top to bottom, including the secure supply chain for the critical metal Lithium which is at the very heart of this technology. This year they have broken "The Old Lithium Big 3" and now we have "The New Lithium Top 5". Albemarle is in the first place and SQM is holding now to the second. Ganfeng Lithium and Tianqi have pushed FMC into the 5th place and are chasing each other between 3rd and 4th. Ganfeng Lithium is a $4.5 Billion MC company and strategic partner of International Lithium. We were very fortunate after two years of due diligence to strike the major deal with Ganfeng for International Lithium in 2011. This business demands a long term planning and stamina just to stay with the game. This year, after 7 years of building our business, we are celebrating with Ganfeng the 5th anniversary International Lithium's IPO. Read more."
We are talking a lot here about the Energy Storage as the next largest application of lithium technology after electric cars which makes Solar And Wind integration into the Smart Grids of the future possible. In the future, this market will even overtake the EVs consuming more lithium batteries.
According to McKinsey, we have a totally new economics in place provided by the cheaper lithium batteries available for the Home Storage and Utility Storage Systems. Now we have the report from the ground in China by CNESA: The China Energy Storage Alliance - showing exactly what is happening in the country which is increasing its Energy Storage 10-fold in the next few years.
Energy Storage projects are growing in scale in China, new energy policies emphasise the strategy approved on the state level within 13th Five Year Plan. Power systems are granted more marketing opportunities for Energy Storage implementations. Chinese lithium battery makers are targeting foreign energy storage markets. BYD has just announced its systems available in the UK for the Home Storage.
And the most important is that the real money is flowing into Lithium Batteries R&D and production facilities. New specialised Energy Storage companies are entering the market and we will have to learn new names here after studying how Warren Buffett's BYD is leading the Lithium Race in China.
As you remember, Security of Lithium Supply is a very big part of this New Energy Plan in China and we can see latest moves consolidating the lithium industry and driving the new competition for the sources of lithium raw materials.
New Energy Plan: China Installs One Large Wind Turbine And One Football Pitch Of Solar Panels Every Hour.
"We all know that The Switch is happening, but we do not really appreciate how fast it is going now. ReNewEconomy provides us with the very impressive facts about the Renewable Energy boom in China. It is all a part of The New Energy Plan and I will provide some links to the fascinating progress China is making with Electric Cars. It is also a part of this strategic initiative to built the new manufacturing base of the 21st century and leapfrog the ICE-age technology straight into the post carbon world. Lithium Technology allows us to store electricity and use it when we want it now. Cheap batteries change everything and make it all possible. Lithium is the magic metal at the very heart of this Energy rEVolution. Read more."