Energy Transition

100 Tesla Gigafactories could power the entire world with sustainable energy

Construction of the Tesla Gigafactory outside Reno, Nevada is shown February 18, 2015. Once known primarily for its casinos and quickie divorces, the Reno area has made impressive strides in its attempt to transform itself into a technology hub in the high-desert of Nevada. In the last few years, it has attracted big Silicon Valley names, including Tesla, Apple and Amazon. But now a new challenge has arisen for Reno: managing its success. Even as the region celebrates its economic wins, it is struggling to cope with the additional demands that the new businesses -- and the new residents they draw -- will place on Reno?s infrastructure, schools, and city services. To match Insight USA-RENO/TECH  Picture taken February 18, 2015.    REUTERS/James Glover II  (UNITED STATES - Tags: TRANSPORT BUSINESS SOCIETY)

Leonardo DiCaprio met with Elon Musk at the Gigafactory to talk about the future of energy. Image: REUTERS/James Glover II

Chelsea Gohd

The Gigafactory

The Tesla Gigafactory produces lithium ion batteries, supporting the Tesla vehicles and providing low-cost batteries using alternative energy sources. And, in a recent video, CEO and founder Elon Musk was actually quoted as saying:

“We actually did the calculations to figure out what it would take to transition the whole world to sustainable energy. You’d need 100 Gigafactories.”

Leonardo DiCaprio met with Musk at the Gigafactory this past year to discuss renewable resources and the future of energy as it relates to climate change. Leo is no stranger to discussions about alternative energy and climate change. In fact, he recently used his first Oscar acceptance speech as an opportunity to discuss the grave realities of our changing climate and warming planet.

One main goal of the Gigafactory is to reach and maintain net zero energy. A leader in advancement and innovation, they claim that “By 2018, the Gigafactory will reach full capacity and produce more lithium ion batteries annually than were produced worldwide in 2013.” The Gigafactory also aims to continue to drive down the price of these batteries, financially incentivizing the use of alternative energy sources.

As Leo enters the factory, he is struck by the sleek efficiency, exclaiming, “Holy crap, that’s a good robot.” He and Musk continue on, with Musk emphasizing that “the sooner we can take action, the less harm will result,” in regards to man-made climate change.

Battery life

As put simply by Musk in the video, “the sun doesn’t shine all the time, so you’ve got to store it in a battery.” And, if we are able to shift more completely towards alternative and renewable energy sources, Musk claims that, “you could avoid building electricity plants at all.”

When some people think about alternative energy, they think of outdated, bulky solar panels that lack efficiency and are a massive financial drain. However, alternative energy technology is far beyond that. As the realities of climate change set in, it is becoming more and more obvious that we cannot wait. We cannot go another ten years using fossil fuels at the rate that we currently do and not experience the effects.

Solar cells are more efficient than ever. In fact, inspired by photosynthesis, researchers recently combined the principles of quantum physics and biology to drastically improve current solar capabilities. Solar cells are no longer even necessary to capture solar energy, as scientists have created a synthetic leaf that does just that, while converting carbon dioxide into carbon monoxide.

Have you read?

There is no question: alternative energy is the future. We will not progress without it, and, as recent advancements have shown, it is becoming a more possible and powerful option with each passing day. If Musk is right, and these low-cost, green batteries could help to support a future where alternative energy is the majority, then his Gigafactory could be one of many steps in the right direction.

Loading...
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Stay up to date:

Decarbonizing Energy

Share:
The Big Picture
Explore and monitor how Private Investors is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

The hidden fuel: energy efficiency lessons from the UAE

Sharif Al Olama

November 1, 2024

The biggest barriers to energy sector growth are often policy-related.  Here’s how to overcome them

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum