Peter Thiel, Bill Gates, Khosla fund LightSail Energy in $37M Deal
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Re: Peter Thiel, Bill Gates, Khosla fund LightSail Energy in $37M Deal
#2Re: Peter Thiel, Bill Gates, Khosla fund LightSail Energy in $37M Deal
#3:D
Re: Peter Thiel, Bill Gates, Khosla fund LightSail Energy in $37M Deal
#4Large scale energy storage is an unappreciated problem. Our current grid has to quickly scale up and down with demand, because there is no way store excess capacity when demand is down (and therefore, no way to reuse previous excess capacity when demand is up).
When this problem is actually solved (crossing fingers until LightSail actually ships ...), the grid is going to undergo a serious transformation for the first time - from a just-in-time economy to an inventory management economy.
Re: Peter Thiel, Bill Gates, Khosla fund LightSail Energy in $37M Deal
#5Re: Peter Thiel, Bill Gates, Khosla fund LightSail Energy in $37M Deal
#6Re: Peter Thiel, Bill Gates, Khosla fund LightSail Energy in $37M Deal
#7Re: Peter Thiel, Bill Gates, Khosla fund LightSail Energy in $37M Deal
#8Re: Peter Thiel, Bill Gates, Khosla fund LightSail Energy in $37M Deal
#9Congrats to DaniFong and the rest of the LightSail team. Large scale energy storage is an unappreciated problem. Our current grid has to quickly scale up and down with demand, because there is no way store excess capacity when demand is down (and therefore, no way to reuse previous excess capacity when demand is up). When this problem is actually solved (crossing fingers until LightSail actually ships ...), the grid…
Hopefully I don't sound like I'm disparaging LightSail or any of the other possible avenues - I think we need continued investment in new methods as we should always be pursuing improvement, and the LightSail approach sounds very promising. I hope Thiel and Gates' involvement in this industry will bring even more visibility to it. However, I do want to make the point that there are people doing this today, in consumer and commercial applications, and having real effects.