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esla’s 'Powerwall'
has been released to much acclaim. Tesla’s founder Elon Musk says that his
company’s battery storage product doesn’t need any marketing and it will sell
itself. You can see by the buzz and countless articles from every news outlet
around the world reporting it that he’s pretty much right.
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| Matthew Wright - he is in awe of Elon Musk's "Wonderwall". |
Tesla has gone to market with its home commodity battery
storage product using the opposite model of what it has for its cars. Where
Tesla's cars were released initially at an absolute premium and differentiated
with style and performance, the Powerwall is cutting the price by more than
half when compared to existing options on the market.
The Powerwall will come with a computer and some smarts
in-built. This should provide the ability to send power out based on a
pre-programmed schedule to take advantage of time-of-use/flexible tariff
structures. In Australia, that can mean as much as 15-30c/kWh (kilowatt-hour)
difference between buy and sell price. Furthermore there will be the ability to
receive a signal for when solar production is in full swing, and for those on
market based feed-in-tariffs (6-8c/kWh) they’ll be able to charge the battery
during these times.
Read Matthew Wright’s story on Climate Spectator here: “In awe of Elon Musk’s wonderwall – a utility killer”
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