There was recently a leap in technology. Unfortunately, the story did not get the amount of press that it was due. As of this month, both Toyota and Tesla are releasing a new form of energy storage that has the capacity to decimate energy costs.
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| The 2015Toyota Miuri: Image Source |
The most crucial aspect of the new release is Toyota's new battery, it has the ability to change the entire way pay for energy. Toyota recently released their new Miuri, which means "future" in Japanese. This car is revolutionary in many ways. One of the major ways that's not being reported on heavily is its technological application in terms of generating power for houses. The battery that supplies this car with energy can be reconfigured easily to generate energy for a house. When tested this provided enough power for an average Japanese house to last a whole week. That amount of energy storage, up until recently, was impractical and too expensive to justify. This release is nothing short of groundbreaking.
Tesla, another leading renewable energy car company answered this challenge by Toyota by releasing its new battery that has the ability to end your reliance on fossil fuels for good. This battery, which allows for you to effectively store and use enough power to care for yourself is unbelievable its its perspective applications. The battery is designed and proven, all that's left is the mass production.
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| Elon Musk, Image Source |
Musk is no stranger to innovation but this new development is earth shattering.
So What Can We Get Out of This?
The short answer, potentially free energy for life.
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The issue of energy storage has plagued Solar Energy systems from their creation. The inherent nature of the technology provides the most amount of power during the time of day when the average consumer uses the least. So the maximum benefits of this technology hasn't been reached, until now.
Roughly 90.5% of all energy consumed in the United States in 2013 came from non-renewable, relatively expensive sources. As highlighted in a previous article of mine, solar energy could easily replace the need for fossil fuels, and do so relatively cheaply.
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I mean saving money is saving money but there's no point leaving any of it on the table. Dollar and cents wise, this makes the switch to solar the investment of a lifetime. Currently its possible to switch to solar for little or no money out of pocket if you invest in a solar energy system from SolarCity.
The future for lack of a better phrase has never been brighter for these energy companies who already have unbelievable growth.
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What makes Musk's unveiling so powerful is that it solves the single largest hurdle in stopping Solar Energy from booming and taking over the energy market. The new ability to store energy obtained throughout the day will allow for the continued use overnight and a 100% efficiency that has escaped these companies so far.
Why you should switch:
In the meanwhile if you don't switch to Solar soon, the exodus of educated consumers to solar energy will mean an increase in the average cost per watt if you stick to the old, non-renewable sources. A simple supply and demand concept proves that as these outdated energy companies lose customers they will have to increase rates on their goods in order to continue being profitable. This means more cost per consumer and less feasibility in terms of return for your dollar.
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With a zero-sum gain type of situation as represented in the United States energy market, every watt supplied by solar energy is a watt taken away from those of destructive and non-renewable sources like coal and oil. The battle is likely to become a messy one, its important to see the forest for the trees and invest in solar before wasting more money sustaining the current energy model.
