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Figure 1.1 showcases a helicopter lowering towers for high-voltage power lines, highlighting the need for building more lines to enhance renewable energy movement and efficiency. Figure 1.2 presents the projected timeline of Tesla's Gigafactory, a significant development in battery technology. Figure 1.3 illustrates the concept of the time value of money, while Figure 1.4 demonstrates differential analysis. Figure 1.5 explores marginal analysis, and Figure 1.6 delves into the risk and return trade-off.
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Figure 1.1 A helicopter lowers towers for high-voltage power lines into place. Many say the country needs to build more of these lines to move renewable power and become more efficient.
Figure 1.2 Projected Timeline of Tesla’s Gigafactory.Source: “Assault on Batteries,” The Economist, June 14, 2014.