www.teslamotors.com/powerwallThe newsSo after a week or two of anticipation, it turns out that the Tesla Motors
announcement was exactly what everybody expected it to be: a wall-mounted home battery to allow solar powered homes to go completely off grid by storing electricity generated during off-peak hours and using them through the night, when solar generation doesn't happen...because the planet's in the way.
$3500 for 10kw hours or electricity. Scalable. Up to 9 units can be snapped together for up to 90kwh of storage. As well as an industrial capacity unit with 100kwh of storage that they claim is inifinitly scalable. According to the
video they already have an order for a 250 MEGAwatt hour installation, and there was discussion of using this to provide overnight backup power for
entire cities.
Why does this matter?One of the main weaknesses of solar panels is that they only generate power when light is hitting them. The sun is below the horizon for a lot of hours every day, and even when it's visible, peak usage hours are not the same as peak generation hours. And simply feeding the excess into the grid, while doable...is problematic, and not entirely scalable. The current grid is simply
not designed to accommodate the way solar provides it power.
This potentially solves that problem.
Personally I think this is a reasonable solution. But I think it's a little early. For a long time,the bigger problem with solar has not been capability, it's been cost. Home solar systems still routinely cost $20,000 or more. Whereas the
average home monthly electrical bill is only in the $80-$200 range. Even if you live in an expensive state like Hawaii, with a $190/month average, it can still take over a decade to break even on solar. In a more typical case it might be 20 years, close to the warranty period on most panels.
Solar still needs to be cheaper.
That said, it will become cheaper, and having a solution to the grid problem is helpful. This is probably a good move. Though it might take a few more years before it becomes very popular. If
Swanson's law continues to hold, and the price of solar continues to drop by 20% for every doubling of total installations, that $20,000 installation will be $10280. At
current rates, total worldwide installations are doubling slightly less often than every two year. About two and a quarter. So ~7 years to reduce costs in half. And if we're lucky, cheap and convenient batteries like Tesla's will speed up the installation rate. Even so, $10,000 plus $3500 will still take ten years to pay for itself in a more average-cost state like Florida or Nevada, and even longer in a cheap state like California.
I think we still have some years before this really takes off. But, it is coming.