Disclaimer

Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Monday, December 22, 2014

Four quotes from Elon Musk



  • “About a third of the output of the Gigafactory is intended as stationary storage, primarily to be paired with renewables, but also to do grid buffering in non-renewable situations, so that you can operate the plants — even if it’s a hydrocarbon energy plant, you can operate it at close to its optimum and avoiding having to sort of peak.”
  • “Here’s a little tidbit: If you take a nuclear plant, and you took its current output, and you compared that to just taking solar panels and putting solar panels on the area used by the nuclear power plant — because these typically have a big keep-out zone, you know of about 5 kilometers or thereabouts, where building houses and dense office or housing space… usually people don’t want to do that near a nuclear power plant. So, there’s quite a big keep-out zone, and when you factor the keep-out zone into account, the solar panels put on that area would typically generate more power than that nuclear power plant.”
  • “You could power the entire United States with about 150 to 200 square kilometers of solar panels, the entire United States. Take a corner of Utah… there’s not much going on there, I’ve been there. There’s not even radio stations.”
  • “If you’re in non-renewables, it’s like you’re stuck in a room where the oxygen is gradually depleting, and then outside, it’s not. So you want to get out of that room. And I think the ones that get out of the room sooner will be better off.”
Read the original article here.

No comments:

Post a Comment