Posted on 04/22/2015 11:21:57 AM PDT by Citizen Zed
Tesla shares (TSLA) are getting a charge from a Bloomberg report that the company will unveil a home battery and a large-scale utility battery, at an event at its Hawthorne design studio next week.
Bloomberg got a hold of an email from Tesla’s investor-relations chief saying the company will explain the benefits of Tesla’s solutions compared to battery options in the past.
There has been speculation that Tesla will look to challenge the traditional utility power grid with home and utility batteries, and a research note from Deutsche Bank says Tesla could be at the forefront of an energy storage market that could triple to six billion dollars in sales by 2020.
There is some speculation that this is the product Musk was hinting at when he Tweeted late last month that the company would be unveiling “not a car” on April 30th. TSLA was up more than 5% on the report.
Tesla , Aliens for Outer Space told him what to Invent
Do you take it to your car for a recharge?
Load leveling would be a great thing for the grid. Hard to see it working with batteries, though, given their short cycle life.
But, the battery efficiency would have to be greater than the differential in price. If you get a 30% reduction in power cost, but lose 50% of the power to heat and other losses in the battery, you actually lose money.
Hey, if he’s come up with a super-efficient, and long-lasting battery that can be worked in with a good set of solar panels, to unhook from the electrical grid, good for him.
Can you imagine trying to find the one dead battery in a closet filled with D cells?
Boat, Motorcycle or Airplane come to mine. My guess is a high end Bike, maybe boat, think disposable income. Airplanes are too touchy dealing with the FAA for Certification.
Load leveling would be a great thing for the grid. Hard to see it working with batteries, though, given their short cycle life.
Not to mention the 15% loss of efficiency.
Not to mention the 15% loss of efficiency.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Yup, and that.
It would be great to have utility companies competing with a new energy system for residential use. The fewer homes on the grid, the better.
If Tesla truly has developed an advanced battery for home use to complement solar panels, Elon Musk should seriously start talking with the developers of the Sun City retirement communities in the southwestern USA about doing large-scale installations of the combo battery and solar panel system for most houses in these retirement communities and connect everyone of them for distributed power generation.
Charger, charge battery, discharge battery, inverter will likely have more losses than 15%. Tesla owners who bother to measure report that and more just charging.
http://my.teslamotors.com/forum/forums/charging-efficiency-0
A new way to apply for government subsidies?
E what?
I’d be all over that. For me, no power no water.
Knowing how Tesla has very high prices, this battery will probably cost well over 10,000 $’s plus an installation fee to go along with the costs of solar and/or wind power for at least another $10,000 plus.
Our PG&E bills run 50 to 60$’s month.
So it is not worth the massive initial investment.
We will buy a low cost non smart tv, when our current 25 year old tv dies, and buy a LG washer when our 12 year old washer dies. That and a new Chrome home computer will probably cut our unmassive electric bill even more with a lot less investment costs and potential danger of having a massive storage battery in or outside our house.
These units might replace stolen smart phones as a target for those who don’t work for a living.
Tesla also runs Solar City to install home solar panels. I think the batteries are to use in conjunction with these for night/evening use.
With all the sun we get here in NM, I seriously looking into installing panels for my home. The way it works now is, your panels have to shut off if the grid goes down. Unless you have a switch that takes you off the grid when it happens (like generator backup), you have to do this, otherwise you'll energize the grid.
So, my ideal system would be solar/battery/switch, and hopefully give PNM the heave-ho (yes, in city, so have to stay hooked up per city rules, but I could do it in theory).
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