Stephen Baker

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Steve Levine's Powerhouse: a deep dive into battery technology

February 18, 2015General


I just raced through Steve Levine's The Powerhouse, a gripping, in-depth history of the race toward world-changing battery technology. Levine, a classmate of mine and briefly a colleague at BusinessWeek, has written books about Russia and oil. Now he turns to a technology that could spin the oil market upside-down--and Russia, too, for that matter. If electric cars go mainstream in the 2020s--still no sure thing--it will convulse global energy markets and the world economy.

And if batteries work for mass-market cars, they'll also barge into other energy markets, including the home. News emerged just last week that Tesla was developing a battery to help home-owners manage energy--buying it when it's cheap or perhaps harvesting it from their own solar panels, and conceivably moving off the grid. So advances in battery technology could also disrupt the business model of electric utilities. They could find themselves powering more cars and fewer homes. (Interestingly, Tesla uses conventional batteries. It is betting that it can lower costs simply by producing them more efficiently in a giant new fab. In this way, Tesla's strategy mirrors that of Google, which early on turned its back on cutting-edge supercomputers, instead filling its data centers with millions of commodity servers.)

Levine looks at the race toward battery technology from inside Argonne National Laboratory, west of Chicago. But his reporting extends to South Korea, Japan, and China, where efforts to come up with superbatteries are all racing ahead. I knew almost nothing about battery technology and learned a ton.

My one disappointment was that he didn't take us into the future, to see how the story is likely to play out. But Levine is a journalist, and a good one, but not a futurist. The story of how next-gen batteries will change the world is yet to be written. When it is, The Powerhouse will serve as a wonderful prologue. 


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