This Could Kill Your Electric Company (And Make Investors A Fortune)
Recently I’ve been telling my readers about a quiet revolution that’s taking place thanks to eccentric billionaire Elon Musk and his band of scientists at Tesla Motors (Nasdaq: TSLA).
You see, for years they’ve been working feverishly at their lab in Fremont, California on a battery that could provide enough energy to power a house.
Earlier this year, news came along that they’d finally broken through.
And now, for the first time in decades, we could see the entire utility sector turned on its head as a result — leading to massive gains for early investors.
As you can see, Tesla’s battery storage device looks nothing like your old-fashioned AA battery.
It’s a sleek, compact unit that you can mount on the wall in your garage. One single, stand-alone unit delivers enough power to take an entire home completely off the grid. Simply charge it with a solar panel, windmill or any other power source, and you’ve got all the energy you need.
Thanks to Tesla, the world is about to see that an energy sea-change has been quietly unfolding before their eyes for several years now.
#-ad_banner-#And many of the world’s greatest investors are quickly staking their claims in this new technology.
Billionaire venture capitalist Peter Thiel — the first outside investor in Facebook — has poured in millions of dollars of his own money.
Bill Gates has made not one, but three big investments. And Warren Buffett’s Berkshire Hathaway has jumped in, too.
But it’s not just the brilliance of this energy storage device that makes it an appealing investment space.
It’s the timing.
You see, this device is going to enter the market at a time when demand for a product like this has never been higher. In fact, there are three intriguing factors making this technology particularly promising.
1. U.S. Political Support
Because of geo-politics and concerns about pollution, governments are falling over themselves to get more energy storage systems in place.
Take California, for instance. That one single state could cause every public company in the energy storage industry to soar triple-digits, thanks to new legislation, mandating that its largest utilities have enough energy storage capacity to provide electrical support for 1 million homes.
That’s the equivalent of building a dam’s worth of infrastructure. And they want it in place by 2020.
Keep in mind: when the governments mandate something, it isn’t simply a request. It’s the law. If utilities don’t comply, they’ll be punished. That’s why California’s largest utilities — from Con Edison to Pacific Gas and Electric — are already jumping on this.
Massachusetts is following California’s lead. It just launched a $10 million initiative and aims to be a national leader in energy storage.
And New York, Texas, Oregon, Arizona and other states are making similar moves.
2. Global Political Support
Germany is dedicating $56 million a year specifically for energy storage. Japan is setting aside $700 million, aiming to be the “world leader” in energy storage. And China is jumping in with both feet. Its energy storage market is projected to quadruple over the next decade.
The driving factor behind this global push for energy storage is simple. Reducing pollution.
“If China doubles its energy production over the next two decades,” billionaire Peter Thiel points out, “it will also double its air pollution. If every one of India’s hundreds of millions of households were to live the way Americans already do — using only today’s tools — the result would be environmentally catastrophic. Spreading old ways to create wealth around the world will result in devastation, not riches.”
In fact, the International Energy Agency has called on world leaders to spend a combined $380 billion on energy storage by 2050.
3. Public Support
But political support is only half the story. The energy storage revolution is really being driven by the public at large, and it all funnels down to one thing.
For some people, it’s freedom from utility companies. They don’t like the fact that utilities are essentially a monopoly and can raise their rates at a whim. With an energy storage system, you wouldn’t have to worry about this.
Others want to “get out from under big brother,” as one energy storage user told USA Today.
He and others like him don’t trust that the government won’t try to control their energy consumption simply because they’re running their A/C longer than a bureaucrat deems proper.
Bottom Line: The energy revolution is coming. When Tesla begins mass production of this product, it will create an investing opportunity unlike anything we’ve seen in a while.
But I’m not recommending you invest in Tesla.
Sure, it’s likely to see some nice long-term gains thanks to this revolution. But the lion’s share of the gains will be found in smaller, lesser-known companies that are making this technology a reality.
That’s why I’ve released my newest report: The Complete Energy Storage Blueprint, detailing three stocks I think are set to skyrocket when this new technology hits the market.
Make no mistake: Opportunities like this don’t come around very often. And when the public catches on to this revolution, the big gains will have already been made. Simply click here to view my full report.