Well for those that actually understood the technical explanation of AI Day from the TESLA team. Including the impact of their own D1 chip on 7Ns die. You will be in the minority. Make sure you have a strong black coffee!
It was clearly shown that even the educated audience which Tesla had arranged to sit in front of these Department heads really had a long way to go before they were going to be of any help in the TESLA Quest.
The D1 makes the NVIDA chip’s look very sad. Yes, they have to stitch the system together but it is quite obvious that they have the skill set to complete the task. Just as the Financial Crew missed the implications of the Tesla Battery Day. This really did go over most so call experts understanding.
Especially our friend on CNBC who was trying to say that his AI expert was more clever than a team at TESLA. It has become both sad and embarrassing that a so call news channel can continue to broadcast this clown’s views. Despite the market analysis record of getting anything right being in the <1%. “TESLA is going to go bankrupt”. Yep that about as likely as me going to the moon tomorrow. With 15 billion in the bank despite paying for two new large factories out of companies earnings and still making a profit. The USA market will wake up to the monster that is about to turn up in there own back yard. Walmart move over someone coming through.
The computational amount that this D1 chip alone can process and then the teams ability to work out placing it into an array of 5,000. This unit of computational processing will be come truly jaw dropping to those that can comprehend the overall system.
It was also obvious, that the team was not to proud to follow nature, as the feed lines into path computational lines look very similar to those on worm in the sea with multiple sensor feeds. Mother nature has had a few million years to perfect the best system. No point re-inventing the wheel!
If, I was 40 years young and not retired. I would be seeing if I could make the cut. This will probably be the most beneficial project to be working on bar the SpaceX team in getting to Mars.
Mr. Musk does not believe in Under Achievement!
Intel, Microsoft, NVIDA, Apple and AMD. What really have you done in the last 20 years?
We all got a peak at the outside layer of the TESLA Secrets box. It took a YouTube over a year of research to un-pick the Battery Day announcement. This could take him another 5 years, to get it into what the normal public will understand.
Watch this Tesla AI team truly expand what they have started in the next few years will be a pleasure to watch as the competition don’t believe what they are seeing.
It reminds me of when they cracked the Human Genome for the first time in 1990’s it took them 7 years and cost 1 billion dollars! It now takes in 2021 – 24-48 hours and $600. Remember to remove inflation!
Making the Humanoid walk at 5 miles an hour is also a sensible pre-caution. :o)
Currently, in the UK we are trying to replicate the current Old Style systems without actually saying “should we do this a different way?” as the report above has suggested.
Basically they are stating the over provision of energy creation using Wind and PV Solar by a factor of 3 to 6 times using the “The Clean Energy U-Curve” in any world region can be completed cheaply using renewables. But, there can also be additional benefits of adding a 10% or 20% over the original base provision that would provide a “Super Power” bonuses to the grid.
In the report on page 13 they provide a “USA Texas” example, and after the recent events of 2021 blackouts in that part of the country. Despite to TV (Fox TV) blaming the Wind Turbines that only supply 2% of the overall energy. It actually was due to the Gas and Oil industry not removing the water from the Gas itself due to cost savings. Hence the cold snap froze the Gas in the pipe line and the coal plants also assumed that the wet coal wouldn’t freeze at any point! Yep, it’s the dam accountants again!
Seem timely? They state in their report that a $200 billion investment in Solar PV, Wind and Batteries would cover the annual power requirements of the complete Texas state period! When you consider the USA has just issued $1.9 Trillion (that 1,900 Billion in old money!!) in a package for COVID-19 it seems quite cheap!
Now for the UK. We are more in the New England range of energy usage (114 GW at 3.8X) and thus it would cost us around $91 billion (£65.3 Billion in real money!) to cover us in total.
Or, $109 Billion (£78.3 Billion again in real money) if we went for the Super Plus 20% version. This is based on the actual base load of 30GW which is confirmed in the figures of the National Grid 2018 here. This would replace all electrical energy needs for the UK! The National Grid could be supplied fully at all times from renewables!
Or, we could spend it on the estimated cost of HS2 which currently is 106 Billion. I get a train and a track!!! I know what I would spend it on. :o)
So, what’s the idea? Well, it works on the basis that everywhere in the world, the supply and energy creation can be worked out using predicted weather patterns.
So, in the report on page 13 they have pointed out that using the current Solar PV, Wind and not as much as most think of batteries to provide a super grid option in 10% or 20% versions. These 10 or 20% options would allow this lack of energy to disappear and be replace by the “we have so much we can literally waste huge amounts on producing other stuff at Zero or Negative pricing.” What this mean? Well for example you could produce all the Green Hydrogen to provide the heating via hydrogen to all of the UK households period!
You could wipe out Fuel Poverty in one sweeping change, at a very nominal cost to the General Public (HM GOV). That’s You and Me by the way!!
You could allocate a base amount to each UK household for example 4k for Green Electric and 14.5K for Green Hydrogen Gas. Any more, then you pay extra for it, to stop wasteful usage by energy hogs. The bonus to HM GOV (Us) would be that the reclaimed household budget for energy savings made by each household on heating & lighting would probably be spent on items that were rated at 20% VAT rated rather than 5% as home fuel is.
I know what I would be doing. But, that of course is using commonsense !! There are way to many interested parties getting in the way.
The interested parties have billions of inefficient energy assets that will become obsolete in years time. As the Solar PV and Wind costs become cheaper which will happen anyway the requirement for Gas will drastically reduce as it did in coal. The interested parties current financial model works on 60-70% loading to make electricity in the £50-60Mhrs. When, the renewables will be able to produce at £20Mwhrs and still making a major margin. There is already a serious chance that the current Hinkley point Nuclear plant being built by EDF an China in the UK now will never get to supply ONE unit of electricity unless it is subsidised by HM GOV to save face in building a stranded asset in the first place. The current fixed price is £92.50 per MWh. The average pricing for electricity in a year is £41.35 MWh. It today 16th March 2021 @ 10:55 am is £4.55 MWh.
It has often been pointed to that electric cars use Coal or Gas to power them which in the UK is generally not the case. Even in the USA after a certain person has left office. The States themselves have seen the light. Not in the Climate emergency of course! No in pure economics. :o)
The current flavor of the month is Gas after it clobbered coal powered stations out of the way based on costs. However, the same factors that made Gas king currently now at this moment in time be killed of by Solar PV / Wind and 4 hrs of Battery storage. Again, this is base on costs alone.
What people often for get is the process of getting the Oil or Gas to the forecourt pumps in the firsts place.
This chap explains the process and how wasteful it is clearly once and for all to see.
They complain that they are not valued in the UK Media. But, are quite happy to spread Fake news to their readers when it suits them.
So, just to clear this point. Using these EV’s batteries with “Vehicle to Grid” functionality actually might have the opposite effect!
First point. If every ICE car turns up to fuel at the same time there wouldn’t be fuel left in the Petrol stations! (Petrol strike 2000)
RAC Foundation has found out in real research not speculation as per National Press. That most UK cars are sitting still idle 80%+ of the time.
Most EV charging can occur during the off-peak night time. When the rest of us are tucked up in bed or at a persons work if that person doesn’t have access to a Parking Bay or Driveway at home. This drowning on that everyone must have a charge point along every street?
With a typical EV’s now having 200-300 miles actual real-world range. The high percentage of UK working people are unlikely to need to charge more than once/twice a week. Based on the average trip to work during 2017.
Also, with Shell and BP seeing the writing on the wall. They surprisingly are rolling out a charging point in each of their Petrol stations. Not the cheapest cost to charge, but certainly cheaper than filling the petrol tank with petrol!
The UK grid has plenty of capacity National Grid Statement and with the wind turbines & Solar sites being asked and paid millions in constraint payments most of the time to reduce their output. Those payments themselves points out that there is plenty of suppliers that can for fill the energy requests from National Grid.
The issue however is storage. As electricity is very similar to all supply and demand items. You need it now but not later.
As someone said – “Think of it as a cream that will go off in a matter of minutes“.
Hence, a crew at National Grid are constantly monitoring the actual usage across the UK of electricity being used second by second to ensure the supply and usage are balanced. As you can see right at this site here.
If you fail. You don’t get a bad grade (D-) but you end up with parts of the UK having to be switched off and then turned back on again. But, it’s not quick. It can take several painful hours/days to bring additional resources (Wind, Solar, Gas, Nuke .. etc) up in a balanced way to counter actual UK load otherwise you are back to starting again with turning the power off again! :o(
Which is why National Grid is regulated to keep the 50Hz frequency with an 220V AC within a certain +/- 1% limit. Think about – standing on a football and balancing on top without falling off.
Too much and the 50Hz increases which aren’t good for your electrical items. Too little and the 50Hz drops downwards to the 49Hz which gives brownouts and dropouts. Again, not good for the electrical items. ( Electrical engineers – I know there is a lot more to it. But, I’m trying to keep it simple.)
Now the National Grid does provide power to some manufacturing plants in the UK under the understanding that they may need to reduce or cut the supply without notice. This is normally attached to equipment that can stand a 15-45 of minutes of disconnection. Such as a pottery/steel furnace or other parts of manufacturing that have backup supplies can allow the National Grid to deal with the sudden loss of the expected Load or Generation capacity.
However, like most things, there is a limit that they can’t go beyond.
The good news for the National Grid and UK Government. When everyone actually gets on board the EV conversion is that most if not all EV’s and/or EV chargers happen to be available 24/7 via the Internet.
In most EV’s (Electric Vehicles – Tesla/Jaguars I PACE) you have between a 50-100kW battery able to supply to the local grid (DNO) if you permit them to.
They then pay you for the privilege of using or borrowing the power from your idle EV battery. Generic term is “Balancing the Grid” Even better news is that they can ask for precisely what they need. If they need couple of 1kW or 500Mw they can request this second by second. Where in the old world they would have to crank up a Generation Unit (Peak Plants) which would provide the said power but then have to be paid to shut it down again at short notice if the load has disappeared.
The net result is they save money not having to crank up (Peak Plants) resources that will need to be shut down again within a 1 to 4 hour period. Clever software can work out how much your EV battery can spare without you needing to change your EV charging routine.
So, when you have 75,000 EV cars on-line hanging around for the 80% that they are idle and parked. That can provides an on-call electricity capacity of 3.75GW. It just sitting there. :o)
For comparison Hinckley point when and if built will output 3.2GW in total output to the National Grid. With the current 7.5kW restriction per car (this due to both the inverters current capacity and the lead that supplies the car). That allows this group of cars to provide 0.5625 GW at a drop of a request via the internet hat.
Increase the car count to 750K EV’s and you then have 5.625 GW actual real-time power with a duration of up to 5 hrs plus and still allows the EV to run to work for most peoples commute.
In the UK, we purchase 2-2.5 million cars a year between the years of 2003-2017.
Now having 5.6 GW available each year is very useful to the National Grid. Adding an additional 5.6 GW per year on top would be music to their ears as it allows them to balance or store energy for the UK for later use in the evening peak. For once they will be more relaxed when everyone puts the kettle on for a brew in the commercial break of the UK Soaps.
So, keep an eye out for Vehicle to Grid offerings once you have purchased you EV. More ways to earn money. Back to the early days of PV on the roof.
For those who wish to stop people being nosy about tracking what and where you browse. There are a few things that you can do that will happily upset most but not ALL internet nosy people on tracking on who or what you visit. GCHQ and the NSA probably still have a few tricks in their box to track or spy on you. But, at least we shouldn’t make it easy for them. 99.5% of us are doing nothing wrong. Using the old “we need to know” have fallen very short in recent years. When it has been shown that attacks have taken place in FULL view of them without needing any de-encryption or tracking software. All you are doing is increasing the Haystack of information. It ends up – ” that you can’t see the wood as the trees are in the way”.
First or all you need to stop using that thing called Google Chrome. You can still use all of the Google suite of packages if you must such as GMail, GDrive etc…etc and remember the saying “There is no such thing as a FREE lunch” They will be tracking the contents of your emails and communication to sell to the marketers of the Corporate firms.
However, for those of you that wish to take back a bit of control you can download the current version of FireFox on your PC, Apple desktop or mobile and with a few simple tweaks stop quite a significant chunk on tracking or snooping in one swoop.
Download the Browser from Here (Opens another Page) So, allow it to.
Then download the package after accepting the T&C’s. Okay, so how many of you have actually read them? Well, we leave that to one side for now as this crew are Open Sourced and Commercially & Government Neutral. I’m sure they wouldn’t mind a contribution to help them in their work though. £ or $ amount would keep the lights on.
Once you have downloaded the package and installed it. The computer will ask that you trust this which you should answer “Yes” as long as you clicked the link and didn’t search for the “Firefox” link. Yes, you know who you are “tut-tut”.
Open the browser and then type the following into the place where you normally type the web address. Where the Https or Green lock appears.
about:config – then hit enter
You will be warned to turn back. But instead, select “Accept the risk”
Okay, don’t freak out or Panic if you are English! At the top of the browser page. You see a “Search with a Looking glass icon”
In there type the following. network.trr.mode – Do worry about the list reducing. It’s the browser trying to reduce the list dynamically. Once you have finished typing the about there should be only one line available to select.
Then double click the lefthand button on the mouse. Then, when the dialogue box appears to change the 0 to be 2. Then, select the “OK” button to confirm the change.
Now once you return to the original page. Remove the network.trr.mode text and replace it with the following “network.security.ensi.enable” by the time you have typed this in. You will only have one option to choose from. Double click on it with the lefthand mouse and you will notice that the “Status” will change to Modified and the “Value” will have changed to True
Once you have finished the modifications you can visit this site below to check you’ve everything working correctly.
Insurance proposed by Tesla has upset Warren Buffet. The idea that they are considering setting up Car Insurance for all of their products Model S, X, 3 and Y.
The terse rebuke by Mr Buffett shows that yet another industry can suddenly see that Musk has them in his targets.
With the common complaint that the insurance cost to cover a Tesla is more expensive often being reported. Although when you compare Apples to Pears then what do you expect? A Ford Mondeo at £23k against Model 3 performance model £47k. Yes, one would think the insurance would be more. 0-60 of the Ford Mondeo is sub 9 seconds against Model 3 getting there in under 3.2 seconds. Yep, there will be a difference! Both on the cost of the car and its ability to get to 60 quicker. Quicker equals more expensive insurance or the correct premium. Even the slow Model 3 gets there in 5.3 seconds. Not slow! For me a Directline Insurance with model 3 extended with RP of 47+K came in at £460 per year seem reasonable for 12,000 miles a year.
However, Musk has smelt an opportunity for Tesla to insure the whole fleet under the Tesla banner.
Insurance companies work on the driver’s experience and ability of he or she has shown not to hit other cars and the actual cost of repairing/replacing the car if it all goes very wrong.
Tesla has odd 500,000 plus cars that are increasing by 5,000 a month that it knows exactly what is happening in each. As they are used for gathering data for the self-drive feature when that is possible in the future.
Insurance companies themselves would fall over themselves to have this data on each of us. Hence, the small black boxes that are being installed in newly qualified drivers in the UK to drag down their £3,000-9,000 premiums to something that the recently pass driver can afford.
Tesla knows the cost of repair and can make this at cost plus a small margin. They also know the true cost of a new car. So, they are already in a strong position as a 20% markup is not unexpected in the future. They can then roll out the Taxi element without the cost to the individual owner as the cost will be shared over the complete fleet. They can salvage un-broken parts from the fleet and service the damage vehicles.
The other benefit is the constant revenue stream coming into Tesla rather than the insurance companies. You sort of wonder why other car manufactures did do this in the I.C.E. or another case of the Desiel Gate cartel? Either way, I can’t really see many downsides to this. The repair network is still there for ICE cars. So, all they need to do is provide the parts the next day and I can guess who would be up for that business. Starts with “A” and in the jungle in nature.
No messy Taxi insurance needed when being used by the Tesla Click and Collect the customer service. Just in case Warren Buffett was only concerned about Tesla they should be. As Amazon has also made noises on this car insurance option as well. It’s only an extension to their popular PRIME offering. It’s a Trillion Dollar industry that is ripe for the picking. It will have the effect of Amazon on keeping pricing down. What’s not to like?
The chaps at AJ Bell have put together a 20 min video that explains about the various pension options and HMRC’s not so nice practices.
Good. See I was being helpful.
Enjoy the rest of your day and start that SIPP if you don’t have one already.
Even a couple of £100 now will allow you to invest 4 times your annual amount of 40k in 3 years. That 160k that you could invest. You don’t have to invest this amount now. It can sit there quietly until you are ready.
If you haven’t started the SIPP its 40K max for that year.
For the sake of a couple of £100 invested into the SIPP. After 3 years sitting there it leaves the option to invest up to £160k when you win the lottery!
Remember. If you are going to draw more than £1,000 ish a month after the 25% is taken then Tax is payable. Make sure you seek financial advice from your accountant or adviser. Getting it wrong can and does turn out to become expensive!
We happen to use AJ Bell. But have no financial benefit from sending you to watch their video.
The Banks and insurance companies have been waiting on the end date to this scandal. Don’t let them keep your money that they owe you.
With the Cut off date rushing towards us. It is probably the last time you be able to claim what the banks and insurance compaines took off you without your permission.
It is worth registering with the Consumer-focused website “Which” to make sure that all institutions look into their records.
For those that are reading that are not UK based. Our Banks and Insurance companies charged for an insurance policy that was supposed to cover a non-payment on illness or loss of employment. However, as the T&C were not provided for most, who were told they had to have this without any option. They wouldn’t pay non-full time employees. So, the insurance in a great many times would be worthless. However, the insurance and Banks were quite happy to still insist that all customers should have this insurance. Eventually, the penny dropped in our Government and the industry was told to repay these fees with interest.
They, of course, will do their utmost to not pay the full amount back. So, even if they do offer a sum. Do use your common sense to check if this seems reasonable. If your Credit Cards / Bank loan etc is being in the 1,000’s a month then the amount back should be quite considerable. So, if they offer a couple of £100 back it time to push back and ask them for the prove of how they reached this amount.
I happen to be a company director for my sins. So, I have to keep records for 7 years. Just in case HMRC wishes to view them for some reason.
Hence, I have got the originals.
Don’t expect them that have the right statements or the correct ones. As when I cross-referenced the balances of the months on Jan and Feb they didn’t match. Despite me sending them the actual copy of the statement to check against!
It seems that this isn’t unusual for them. So, your not convinced that it’s a reasonable amount you should start a claim with the Financial Ombudsman within 30 days of receiving your last correspondence with the bank. Whilst it will not be quick. They generally have been able to settle at that offer. Which in my case was £1,000’s more?
Make sure that you mention that you wish for the “Pleving ruling” to also be taken account off. As the Insurance and Banks were found to be making accessive amounts of profit on loans and these are to be repaid under this ruling. Loans used to have 67% profit earnings for the banks. Hence, why they have been told to repay the amounts over 50% back. Yes, I know. But, getting some of it back is better than nothing.
So, don’t just sit there! Register yourself and get your Wife, cousin to do so Today!
We’ve been with RED for several years and over this long time, the share price has bounced around the 5-9p range in that time.
However, in 2018 the CEO has put together a Sales and Marketing team that finally seems to pay dividends (Sorry for the Pun)
For those that like to view the solution. Here is the video link explaining. For the rest of us keep reading!
RED has now established a Production product (GEN3) that they have been able to convince the Jabil manufacture to produce them in 70 places over most parts of the world. Thus sidestepping the costs of manufacturing and stock that have to normally financed by the company.
They also now have sufficient size deals over the 100+ million mark. To allow institutional investors to look and actually put together finance packages.
There is already strong interested in backing both Wind and PV farms as they are in the 20-25 year term investment. These achieve a 6-8% return. When you add the RED energy engine which allows for extended power for over 4+ hrs periods. Which both National Grid and large corp users are realising can drastically cut the electricity bill and provide Grid Balancing services to the National Grid providing the JAM to the deal. This then increases the return to 10%+ over a 25-year time span. Something that an institutional investor would think a reasonable investment.
RED has been able to obtain and 1,600 units commitment from a Germany order. As they are further forward in renewable markets. This along with the orders from the Monash University in Melbourne, Australia place them for even more growth through word of mouth. With the October 2018 event to still arrive in Australia for more spreading of the word.
In August they announced a UK order from Anglian Water again a small step for this group. However, a significant one. As this is a large well know UK company which has a large energy bill of £77 million that can see significant savings to place their toe into this new market. The potential of this client with its 1200 water treatment and water recycling centres would keep RED busy. However, this is one of the 10 companies that have the same problem. They can now deploy local PV on-site and the RED storage systems and greatly reduce their overall electricity bill.
I believe that this firm has turned the corner, all be it slightly later than most of the investors had wished.
For those that have been looking. I would suggest this is the time before the blue touch paper runs out on the share price. When large investment houses start to understand the real opportunity.
We have had this system for a couple of years now without issue and decided to spread the word in the UK. As some of our readers are slow in changing their energy provider. :o( Tut Tut.
The system comes in two parts. One for the electricity install and a second for the Gas meter.
The idea is to set up the electricity one first which is the Orange coloured box and then the blue one after which is the Gas supply.
They provide a couple of YouTube video’s that guide you through the process. It sounds scarier than it really is honest.
Electricity set up
The Gas after you’ve installed the Electricity!
So, what are the benefits?
You’ll be pleased to hear that the 2.4 or 5Ghz Wifi will not be used. It uses a 433Mhz band that should allow it to reach most places from the router.
You plug the base unit into the Broadband Router. Thoughtfully they have allowed this to be a pass-through type. So, if you are short on the number of connections on the router. This allows the device that was plugged into port to be so after.
This is powered via a USB which most routers now have. Once this is done the base unit talks back to the internet server. You need to take a note of the Id on the base unit before you do this though! The process then after connecting the clamp on the electricity supply is reasonably painless. You go through a sign-up process on the website. Which, will ask for that ID number that you should have taken note of!
One should note. That the clamp goes around the wire and doesn’t have any physical connection to the supply. Hence you don’t need an electrician. The same applies to the Gas meter. Which, once you have completed the Sign-up and got the electricity supply part working. Gas monitoring is achieved by following a setup procedure via the website. You have to know the type of Gas Meter and its Metric or imperial. But, these are quite easy to distinguish. As they supply the details along the way during the setup. Then, they just need to know the MAC address which is printed on the side of the Gas monitor. The setup routine does ask for this before they ask you to connect the monitor to the Gas meter.
Once you have connected the monitor to the Gas meter. All that is needed is to push the button on the device itself. Which, kicks off the setup routine. You need to turn up the Thermostate to make the boiler kick into life. Then, the system checks that it can establish that the dial that spins on the Gas meter is picked up. After a cup of tea (15 mins), this should report that it has established this. Then, you can return the Heating Thermostate back to where it was.
It obviously has an App for both Apple and Android which allows you to monitor how much Gas and electricity are being used both in real-time and over Day, Week, Month and Year. You can see a YouTube video of its features here
You can also set up the Budget using the Web interface to set a predetermined budget. For example, you might pay £80 a month to the utility. You can set this as a budget to the charging period. So, you can keep a check on how far you have got on the budget. It also will send you a weekly report on how you are doing.
After a couple of weeks. It will start comparing the tariff that you told it you were using to others on the market and report any benefit you might want to investigate.
Now like all comparison websites. Because of OFGEM, they assume once you come off a Fixed rate tariff, that you stay on the standard rate. Which, I think is misleading and OFGEM should know better! However, that said. It will nag you to check every so often if you can get a better deal.
As you can see here.
We are currently with Bulb which is a variable rate that uses 100% Renewable Electricity and Gas as much as it can. They aren’t necessarily the absolute lowest. However, they do provide a good email service on the occasions that I have asked a question or two.
If you use this link Here – then they will credit your new account with £50 and also pay any cancellation fees up to £150 per service. Providing you supply them the PDF bill. There is no charge to leave. So, whilst they can’t stop increases that do occur. They are well aware of people migrating away if they increase it too far. After all most of the clients were sign up due to the costing in the first place!
It a nice simple system to keep an eye on your energy charges for £69 and does a lot more than the current SMART Meter systems that are currently being rolled out at great cost to the UK consumers.
They keep saying that the Government is doing this. But that’s our taxes being wasted as far as I’m concerned. With the little benefit to the consumer and lots for the energy companies.
You could do quite a lot with 11 Billion. Even set up a fund at 6-7% return with that 11 billion would probably pay or subsidies the energy costs for OAP or not well off parts of the community for the for seeable future. How’s that for SMART thinking?
Ho hum. :o( Being logical again!
Well, I hope this has pushed you to at least look at the cheapest devices that actually monitors and pushes you in the right way to keep your energy costs down.