Tesla has announced a battery system that can power homes, business and if Elon Musk gets his way, will power the entire world.
Should Tesla Power be successful, it will be a game changer for fossil fuels and could well make the nuclear industry obsolete.
“Our goal here is to fundamentally change the way the world uses energy,” said Elon Musk, founder of Tesla.
The battery system breaks down into two separate products.
The Powerwall is a home battery system, that comes in a 10 kWh version for $3,500, or a 7 kWh model for $3,000.
“The Powerball can be used to create “smart microgrids” or potentially allow a home to go off the power grid entirely. “The whole thing is a system that just works,” added Musk.
The big brother of the Powerwall is what Musk and his team are calling Powerpack — and it’s where things get really interesting.
They describe it as an “infinitely scalable system” that can work for businesses, in industrial applications, and even public utility companies, that comes in 100 kWh battery blocks that can scale from 500 kWH all the way up to 10 M Wh and higher.
Our goal here is to change the way the world uses energy at an extreme scale, explained Musk when describing the Powerpack.
As more electricity is generated from renewable, but intermittent sources, like solar and wind, demand for storage is going to go up.
Batteries are required that can absorb surplus power and flow it back into the grid when needed, balancing out supply and demand.
It appears that former South African Elon Musk has done it again!
Listen to Elon Musk explain.