A key piece of the jigsaw came in another statement last month: Tesla Motors are now committing to a huge increase in battery production, bringing down the cost of energy storage capacity by over 50%. The power grid is like a giant battery and up to £500 per year of our energy bills is paying for the maintenance of that battery. Morgan Stanley calculates that Tesla’s batteries will only cost an off-grid household £350 per year, rendering the Utility company business model obsolete. “Our analysis suggests utility customers may be positioned to eliminate their use of the power grid,” says the Morgan Stanley report, Clean Tech, Utilities and Autos. “We expect Tesla’s batteries to be cost competitive with the grid in many states, and think investors generally do not appreciate the potential size of the market.”
“The problem, often not discovered until late in life, is that when you look for things like love, meaning, motivation, it implies they are sitting behind a tree or under a rock. The most successful people recognize, that in life they create their own love, they manufacture their own meaning, they generate their own motivation.
For me, I am driven by two main philosophies, know more today about the world than I knew yesterday. And along the way, lessen the suffering of others. You’d be surprised how far that gets you.”—Neil deGrasse Tyson, during his Reddit AMA (March 01, 2012)
Google Maps has really stepped it up lately with their underwater exploring, Grand Canyon expedition, and 100,000 stars project. One US Marine sergeant decided to take advantage of Google’s best technologies by walking 5,000 miles through Southeast Asia for…