Re:Tesla's batteries aim to rework the math for electric car...
by close04 on Thursday May 14, 2020 @04:01PM
(#23184615)
I understand, they would be in the energy storage and reselling market, rather than generation or distribution.
Re:Tesla's batteries aim to rework the math for electric car...
by rcMgD2BwE72F on Monday May 18, 2020 @09:21AM
(#23221969)
Tesla was installing 1,000 solar roof per week in the US, just before COVID19. They plan to ramp that quickly and roll this out globally. If they're able to deploy solar roofs in volume for both residential and commercial building, you can expect them to slowly become one of the biggest generator of renewable energy.
They would not be competing with PG&E (which has monopoly on power grid) but with companies that generate energy to PG&E e.g. the companies that burn coal or run gas peakers.
Currently Tesla mostly sells batteries to such companies and they in turn make money selling energy to PG&E (for example PG&E instead of buying energy from a company using gas peakers to generate it, they would buy it from company that "cached" energy in a battery and is selling it to PG&E during peaks).
It's a natural progression for Tesla to become such company themselves as they make the most costly part of running such business (i.e. battery).
It'll take several years (there's regulation around this stuff and Tesla needs to learn the new business) but that's where they are heading.