Why Tesla Energy could be
the biggest technology leap in 20 years.
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The PowerWall is a life changing product that can bring electricity supply to remote parts of the world. |
A lot of people have
ideas. However, rarely they are able to execute them and see them to fruition.
That's what separates Elon Musk from most technology executives. Yes, we've had
the likes of Steve Jobs, Bill Gates and Larry Page, but Elon is still different
in an awesome way.
All of them have spoken
about changing the world and perhaps all have done so in their own way. With
Google, Larry Page has brought information to the masses with search; with
Microsoft, Bill Gates brought computing to the masses and Steve Jobs reinvented
how we listened to music, used the computer and the mobile phone.
But all these leaps
were possible because of Intel co-founder Gordon Moore's prediction back in
1965. Now famously known as "Moore's Law", he predicted that the transistors
in the microprocessor will double every year, hence doubling performance
without increasing the cost. This spawned the age of the computer, the mobile
phone and so forth, which enabled innovations at Microsoft, Apple and Google
and many other tech companies.
What Musk is doing with
Tesla Energy is not based on Moore's Law. Musk is reinventing the battery. With
the solar powered PowerWall and PowerPack, he's decoupling you from the power
grid. Yes, this is a massive leap in battery technology, which, by the way,
does not follow Moore's Law as it is only restricted to semiconductors.
Musk spoke about the
battery and one would not realise how revolutionary his announcement is.
Frankly, a battery is not a glamorous product like an iPhone or an iWatch, but
its impact will be lasting if Musk can live up to his promise.
So why do I believe
this? The answer is simple. The PowerWall, which is a solution made for homes,
is an elegant looking battery that stands vertically up against a wall offering
10 kWh in a weekly cycle and 7 kWh in a daily cycle. Tesla claims this solution
should be enough to power most homes during peak evening hours. And both
solutions cost $3,500 and $3,000 respectively.
As it is a 100 kg, 51.2
inch tall solution, it can fit in any home. It gets its energy from solar
panels that will be installed on a terrace or roof so basically, yeah, it can
fit anywhere. Also if you feel, 7 kWh or 10 kWh is less, you can daisy chain up
to 9 PowerWalls together for up to 90 kWh.
The math is simple. Your
fridge consumes the most power. On an average, it will consume 4.8 kWh per day
according to Tesla. If you're in India, particularly in Delhi, you probably
have an AC too, which will consume a similar amount of power if used all day
long. Other things like your laptop, lights and TV can all be covered within 2
kWh and that's also an extreme number.
So we're talking about
two PowerWalls costing $7,000 or around Rs 4.5 lakhs for a fully autonomous
renewable energy solution for which Tesla will service the product for 10
years. Just do the math on your monthly electricity bill and figure out the
ramifications of what Elon Musk is offering you.
This is an economic
solution for an upper middle class family in New Delhi, and comes with massive
environmental benefits. Leave redundancy, Tesla Energy is perhaps about self
sufficiency.
Just imagine this
product being in the remote parts of the country that are not connected to the
grid - those remote parts of UP where Rahul Gandhi spent his time at homes that
don't have electricity supply. The PowerWall will eliminate this. This is a
life changing product, not for India, but for the world. The remote parts of
Africa could be energised with this fully autonomous battery solution.
Musk's ambition for
this project is boundless. With the Powerpack, Tesla is providing solution for
industrial purposes that is infinitely scalable. It has 100 kWh battery blocks
that can scale to 10 mWh or higher. This is potentially a micro grid, which can
power a city or more. According to Musk, with 160 million PowerPacks, you could
power the entire US and with 2 billion PowerPacks, the entire world could run
on limitless renewable energy. Imagine that.
Have your say. You can
comment here.Musk has already started the journey as he is building a
GigaFactory, the first of many, in Nevada. This battery technology has the
potential to change the world like no other product and you probably don't know
about it because it is a battery - and it's not glamorous.
It is also ironic that
Tesla, named after the legendary Nikolai Tesla, started off as a car company
and is finally taking a leap towards energy, something that Tesla was known
for. Nikolai would be smiling somewhere up there.

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