It’s easy to get carried away by all the hype surrounding hot topics like big data and predictive analytics. But don’t confuse the ability to do something with actually deriving business value from it.
During Tesla's home and commercial battery announcement last week, CEO Elon Musk spoke passionately about the viability of supplying all of the world's energy needs with renewable power. All we need are two billion batteries.
The power grid was never built for the bidirectional electrical power transfer that distributed renewable energy is enabling. Batteries will reduce peak load demand and improve the overall efficiency of the grid, reducing or...
Tesla next week will announce two battery lines, one for households and another for utilities, that will store power from renewable sources, such as solar and wind, supplementing them when the sun goes down or the weather changes.