| We think that leveraging electric vehicles as a storage device will help solve the duck curve problem. Utilities are reluctant to invest billions of dollars in energy storage to smooth out their demand curve. But consumers are already making this investment by switching en masse to EVs. We're building software that will one day help utilities transact with individual or fleet vehicle owners to leverage their vehicles as energy storage. |
As Bill Gates and others who've done the math have repeatedly said[1], there is no storage solution anywhere on the horizon. Batteries are orders of magnitude too expensive.
You have to consider the problem holistically. Steel and concrete production. Places like Tokyo that go days without power. Countries like India that are not going to pay a premium.
If you're concerned about climate change, please take a serious look at nuclear energy[2][3][4].
1. https://youtu.be/d1EB1zsxW0k?t=520
2. https://www.gatesnotes.com/About-Bill-Gates/Year-in-Review-2...
3. https://ourworldindata.org/what-is-the-safest-form-of-energy
4. https://www.forbes.com/sites/michaelshellenberger/2019/02/05...