Climate change is a defining issue in the 21st century. Tapping into renewable resources, and adopting greener technologies is more than a return on investment (ROI). It is about phasing out the dependence on fossil fuels and utilizing more environmentally-friendly technologies.
In 2017 many regions of the world witnessed record-breaking natural disasters. For example, the Atlantic Ocean hurricane season was among the top 10 all-time most active seasons recorded. Puerto Rico along with Tesla´s Powerwall were the topic of news, and discussion.
Tesla, the American automaker, developed the Powerwall for home energy storage and storing electricity for solar-self consumption. In addition, once the rechargeable lithium-ion battery product with solar energy is installed it can nearly power the entire structure.
Overcoming Energy Transition Hurdles and Implementation of The Powerwall
By transitioning to this new and cutting-edge technology, human civilization could arrive at a defining moment. By completely going off-grid, it translates into major breakthroughs in the years to come.
For instance, Australia is known to have one of the highest cost of electricity as a developed country, According to Electrek. Giving their expensive retail electricity prices, new experiments like the Tesla Powerwall have come into the picture very recently.
A Natural Solar news article confirmed that the Melbourne community favored the Footscray Community Arts Centre (FCAC) initiative to go green. This was a crowd-funding campaign kick-started by the People´s Solar, The Lord Mayor´s Charitable Foundation and Creative Partnerships.
It was Australia´s first crowd-funded Tesla Power battery, and helped overcome high electricity costs.
“In addition to the solar array and Tesla Powerwall battery, LED lighting will also be installed within the FCAC performance space which will cut technology and operating costs while enhancing the performance space for artists involved.”
Infographic of Tesla´s Powerwall and Latest Enhancements
The energy conservation Powerwall battery was unveiled by Elon Musk in 2015. At the time it was designed for homes and businesses. The following infographic explains the specs and facts of it:
The above visual graphic is broken down into four sections: functionality, specs of the lithium ion battery, timeline and average electricity price by country.
The premise of this energy-saving system was to do two things. One was store solar energy if you have solar panels. The other was to store energy from the grid when the electricity was the cheapest. To power a home, you would have needed perhaps two Tesla Powerwall units.
Since the introduction of the first battery, Musk´s company unveiled the successor called the Tesla Powerwall 2. Also, it launched simultaneously solar tiles to accompany the battery.
In a YouTube video by ColdFusion, the reviewer emphasized that solar panels would be replaced by these solar tiles or shingles. On the other hand, he asserted that solar roof tiles were nothing new, and been around for the past ten years.
Once the tiles are sold in the marketplace, consumers will benefit from three core features. They are integrated, affordable and beautiful. In other words, they look better, improve insulation and last longer.
After Tesla discontinued the electric car model, Roadster, it came up with the Model S and Model X consequently. By adding eye-catching features, and trendy designs into these vehicles consumers have started to purchase these greener cars.
All it takes is to first introduce a product into the market, and let economies of scale run their course. Eventually, with a growing demand and increase production it eventually takes market share from others to eventually forcing others large businesses to join the competition.
The next section will discuss other companies creating comparable models to the Tesla Powerwall.
Rival´s to Tesla´s Powerwall 2
There has been a lot of buzz around Tesla and its efforts in bring electricity back to Puerto Rico. However, they are not alone when it comes to solar and electricity storing batteries.
A Business Insider report revealed the existence of 10 home batteries that rival Tesla´s own Powerwall. LG´s Chem RESU battery is a close competitor. Also, Mercedes partnered with Vivint to develop a solar home battery in California.
Panasonic, manufacturer of diverse electronics technologies, makes the cells for Tesla´s home battery Powerwall 2. Furthermore, it sells its own unit and currently available in Australia. So, partnerships across industries are happening, and are a profit-making success.
Takeaways and conclusions
The Tesla Powerwall is proving to be a game changer. It has sparked an energy revolution and proved to sway other market competitors to join the race.
All it takes is a product to be introduced, and inspire the next frontier of perfection for solar rechargeable batteries.
This beyond an industry standard, a new trend or a fad. It is more about quickly moving to renewable energy and steering away from a fossil-based energy model that is detrimental to our environment, and livelihood.