A LiO² battery is also known as a lithium-air battery (Li for lithium, O² for oxygen). Unlike the Li-ion or LFP batteries in EVs today, a lithium-air battery uses oxygen ions to store energy, not lithium ions. This difference means their internal structure and chemistry needs to be entirely different from established battery technology.... See more
With the right mechanisms in place, DERs will create a flexible grid by helping supply meet demand in a dynamic system. This represents a very exciting opportunity for electrification, with several software companies already developing solutions to make electricity demand digital and efficient.
Tesla Motors was created to accelerate the advent of sustainable transport. If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal.
The key to the value of DERs is that they make electricity demand more controllable. With energy generation and storage scattered throughout distribution grids, grid operators have a way to move energy around, both geographically and temporally, without firing up more power plants. They can absorb extra energy if there’s a dip in demand or produce... See more
And when was the last time you tried to go to fill up your tank and you couldn’t because there was no fuel? The 70's? That was one of the worst existential crises our real economy has faced since the Great Depression. This is a far more frequent occurrence on the electricity grid: nodes can’t function individually, unlike how cars and boilers can.
Networks can produce value in different, sometimes completely bizarre, and inconspicuous ways. The efficiency of value production in networks could greatly outperform traditional organizations due to network effects, low operation costs, resource pooling, and trustless automation.
Crypto-economic protocols allow for people to coordinate their economic activities without a centralized, rent-extracting party, and will help move these industries from corporate feudalism to meritocratic capitalism and freer markets.