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Battery prices are falling by double-digit percentages every year. Over the last decade they're down by 87%.
This is a technological revolution. https://twitter.com/binarybits/status/1308433358922358784
This is a technological revolution. https://twitter.com/binarybits/status/1308433358922358784
Everyone thinks about electric cars and grid storage, and those will be huge. But the battery revolution also means long-range drones, self-powered appliances, cheap light portable tools of all kinds, all new kinds of aircraft, easier space travel...a physical tech revolution.
Half a century ago, energy technology basically stopped progressing. Our economy utterly changed as a result.
https://www.bloomberg.com/opinion/articles/2020-09-16/how-1970s-oil-prices-stagflation-changed-the-u-s-economy?sref=R8NfLgwS
Thanks to cheap solar and cheap batteries, energy innovation is back. A 50-year era is ending.
https://www.bloomberg.com/opinion/articles/2020-09-16/how-1970s-oil-prices-stagflation-changed-the-u-s-economy?sref=R8NfLgwS
Thanks to cheap solar and cheap batteries, energy innovation is back. A 50-year era is ending.
Oh, remember that the battery revolution isn't just price. It's the technology itself. Energy density of Li-ion batteries has tripled since 2010. That's going to be crucial. https://cleantechnica.com/2020/02/19/bloombergnef-lithium-ion-battery-cell-densities-have-almost-tripled-since-2010/
Technological revolutions change the world in unexpected ways.
Look at the way that cheap light portable electric leaf-blowers changed the balance of power in this confrontation between federal agents and protesters in Portland: https://twitter.com/ByMikeBaker/status/1286570907096342528
Look at the way that cheap light portable electric leaf-blowers changed the balance of power in this confrontation between federal agents and protesters in Portland: https://twitter.com/ByMikeBaker/status/1286570907096342528
But drones are going to be the biggie. Frankly, the use of battery technology for war, especially combined with machine learning, scares the hell out of me. https://breakingdefense.com/2019/03/genocide-swarms-assassin-drones-the-case-for-banning-lethal-ai/
Anyway, by expanding the space of what we can do, technology weirds the world. We can't yet know what kind of new world cheap solar and batteries create. Just as with all previous technological revolutions, society will have to evolve to deal with the new technologies.
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