Alex Epstein

@AlexEpstein ↗

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Last Checked Feb. 3, 2023

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Wed Jan 25 18:05:27 +0000 2023

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Alex Epstein @AlexEpstein

For those who think $590 trillion in batteries will somehow soon become cheap due to economies of scale, consider this: Tesla Megapack prices have been increasing, not rapidly decreasing, lately. And efforts to scale batteries on an artificial timetable drive up prices. https://t.co/xco16rIlfZ — PolitiTweet.org

Posted Jan. 25, 2023

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Alex Epstein @AlexEpstein

The world uses over 165k TWh of energy annually, or ~1.36 billion MWh in 3 days. 1000 Tesla Megapacks (3916 MWh of storage) have a price over >$1.7 billion. This would mean 3 days of storage using Tesla batteries would cost >$590 trillion. That's 6X world GDP! https://t.co/aKAXXxoMfY — PolitiTweet.org

Posted Jan. 25, 2023

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Alex Epstein @AlexEpstein

The focus by @elonmusk and others on the *space* taken up by solar panels and batteries dodges the real issue: cost-effectiveness. Due to stratospheric battery storage costs, no amount of solar panels can *cost-effectively power* the world. — PolitiTweet.org

Posted Jan. 25, 2023