Here's another link, with the fun 18 minute presentation embedded.
http://insideevs.com/tesla-reveals-battery-storage-solution-missing-piece/
I recommend the video. Elon is a bit of a nerd, but solving climate change just became sexy, fun, and an excellent investment opportunity.
Its clear that the two products...7 kWh and 10 kWh have the same footprint, and IMO likely the same physical battery. The 7 kWh is intended for daily cycling, and prob only charges the cells from 10% to 80% SOC (thus 70% of nominal capacity), but with (low charge discharge rates, below C/5) the hopes of getting say 2000-3000 cycles (i.e. 10 years on a daily cycle). The other unit, intended for backup, allows you to use the full SOC, but limits you to a 'weekly'/backup cycle application, or about 500 nominal full cycles in 10+ years.
So, if you were going off grid, you would have to go with the 7 kWh version, gang them together until you got the bank size you wanted, and then have a zero-maintenance, XXX year warranty system in place.
If we figure the 7 kWh system is good for 3650 cycles (10 years, diurnal) and ran the full 7 kWh delivery, that is 13.7 cents/kWh upcharge to store your power in an off-grid system. I think this (if it comes with a 10 year warranty/ performance guarantee) is competitive on price with existing solar off-grid applications, and is VERY competitive on space/maintenance ground, and hopefully on reliability as well.
The 13.7 cents/kWh rate will be competitive in Hawaii today, and that market could presumably absorb a lot of the first year 'ramp' of production.
As for profits? If Tesla is currently costing ~$250-300 /kWh for its cells, then the 7 kWh system (10 kWh actual) costs $2500-3000 for the cells. Not leaving much for the balance of system inverter, controller, housing etc. I don't see a huge profit margin here...but they could be close/negative on costs today, and still project a decent profit when they open the spigot in a year or two (with $150-$200/kWh cells).
http://insideevs.com/tesla-reveals-battery-storage-solution-missing-piece/
I recommend the video. Elon is a bit of a nerd, but solving climate change just became sexy, fun, and an excellent investment opportunity.
Its clear that the two products...7 kWh and 10 kWh have the same footprint, and IMO likely the same physical battery. The 7 kWh is intended for daily cycling, and prob only charges the cells from 10% to 80% SOC (thus 70% of nominal capacity), but with (low charge discharge rates, below C/5) the hopes of getting say 2000-3000 cycles (i.e. 10 years on a daily cycle). The other unit, intended for backup, allows you to use the full SOC, but limits you to a 'weekly'/backup cycle application, or about 500 nominal full cycles in 10+ years.
So, if you were going off grid, you would have to go with the 7 kWh version, gang them together until you got the bank size you wanted, and then have a zero-maintenance, XXX year warranty system in place.
If we figure the 7 kWh system is good for 3650 cycles (10 years, diurnal) and ran the full 7 kWh delivery, that is 13.7 cents/kWh upcharge to store your power in an off-grid system. I think this (if it comes with a 10 year warranty/ performance guarantee) is competitive on price with existing solar off-grid applications, and is VERY competitive on space/maintenance ground, and hopefully on reliability as well.
The 13.7 cents/kWh rate will be competitive in Hawaii today, and that market could presumably absorb a lot of the first year 'ramp' of production.
As for profits? If Tesla is currently costing ~$250-300 /kWh for its cells, then the 7 kWh system (10 kWh actual) costs $2500-3000 for the cells. Not leaving much for the balance of system inverter, controller, housing etc. I don't see a huge profit margin here...but they could be close/negative on costs today, and still project a decent profit when they open the spigot in a year or two (with $150-$200/kWh cells).
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