The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Elon Musk’s ‘Master Plan, Part Deux’

LinkedIn
Twitter
Reddit
Facebook
Email
Source: www.ted.com
Elon Musk has revealed the widely anticipated sequel to the ‘Master Plan’ that he wrote almost 10 years ago, where he finally pieces together the missing pieces of the energy puzzle; uniting batteries and electric cars with solar power.

In a post on the Tesla website, Musk detailed how among four points of action in the initial plan was the goal to provide solar power. “No kidding,” writes Musk, “this has literally been on our website for 10 years.

If the planned acquisition of leading US installer SolarCity was not enough of an indication of a new direction for the electric motor company, this revelation is a sure sign of a switch for Tesla to a renewable energy company.

Earlier this week, before the release of Part two of the plan, Bloomberg pinpointed a one-word change in Tesla’s mission statement on their website. “Sustainable transport” had been changed to “sustainable energy”.

Despite the initial reaction to the merger being less than favourable, reports emerged that Tesla’s US$1.91 billion bid to buy the biggest US solar power system company was far more than “just business”.

“The point of all this was, and remains, accelerating the advent of sustainable energy, so that we can imagine far into the future and life is still good. That’s what ‘sustainable’ means. It’s not some silly, hippy thing – it matters for everyone,” writes Musk.

The ‘Master Plan Part Deux’ is a roadmap to what Musk feels will allow the company, and the public, achieve sustainability sooner. 

Integrating energy generation and energy storage

The first point of the plan is to “create a smoothly integrated and beautiful solar-roof-with-battery product that just works, empowering the individual as their own utility, and then scale that throughout the world.” Musk continues by saying that the fusion of Tesla and SolarCity was necessitated to achieve this point. “Now that Tesla is ready to scale Powerwall and SolarCity is ready to provide highly differentiated solar, the time has come to bring them together,” he writes.

Aside from integrating solar roofs with integrated battery storage, the Plan is set to expand Tesla’s vehicles to address “all major segments”; develop a self-driving capability that is 10x safer than manual and enables cars to make money for owners when not in use.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Email Newsletter