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Re:Tesla's batteries aim to rework the math for electric car... by toomuchtodo on Thursday May 14, 2020 @12:11PM (#23181262)
Battery day for investors will supposedly show off cells that will experience only ~10% degradation over 1 million miles of wear (roughly 83 years of driving the average 12k miles/year an American drives), while also removing as much conflict cobalt as possible from the cell chemistry. Their autobidder software used at the Hornsdale Power Reserve for utility scale storage is in the process of being extended to allow Tesla to act as a virtual utility in the UK. Components of this are used in Sweden to provide Tesla owners with low cost power to charge their vehicles based on market pricing signals from the utility (charge when the cost of electricity is low or negative).

Exciting times.

Re:Tesla's batteries aim to rework the math for electric car... by thoraway1010 on Thursday May 14, 2020 @01:11PM (#23182218)
Prices go negative because it's basically a grid control service at that point. You have a load you need to have taken, and are willing to pay someone to help you manage the grid.
Re:Tesla's batteries aim to rework the math for electric car... by toomuchtodo on Thursday May 14, 2020 @01:38PM (#23182686)
It's the other way around; prices go negative because you have too much power, not enough load, and you're paying someone to take that power because you can't curtail like solar or wind (perhaps you're a gas turbine or coal/nuclear generator that must run for frequency control purposes).