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  • Editor’s Picks / 14 May 2015 at 22:39 GMT

    Bye fossil fuels, hello Tesla household power storage

    The Conversation
    Renewable power billionaire Elon Musk has introduced his sleek new Powerwall – a wall-mounted energy storage unit that can hold 10 kilowatt hours of electric energy, and deliver it at an average of 2 kilowatts, all for $3,500. That translates into an electricity price (including installation and inverters) of $500 per kWh – less than half current costs, as estimated by Deutsche Bank. A domestic system plus storage would come out ahead of coal-fired power from the grid. Musk is going to manufacture the batteries in the US. He is not waiting for new technology, but scaling up the tried and tested lithium-ion battery used in his electric vehicles.
    Read article on The Conversation
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