Tesla’s Home Battery—An Electricity Storage Breakthrough? Congressional Research Service, Library of Congress. Richard J. Campbell. May 4, 2015.
Cost-effective electricity storage has long been a kind of “Holy Grail” for the electric power sector. Such storage technology could have multiple benefits for electricity consumers. It can serve as a temporary source of backup power to maintain on-site electric service in the event of a utility power blackout. It can be used to improve the availability of (“firm up”) electricity generated from intermittent renewable sources such as solar and wind. It can also be used to shift end-user electricity loads from costly peak hours to lower cost off-peak hours, which can level regional generation profiles and lower customer electric bills. On April 30, 2015, Tesla Motors announced plans for a suite of Tesla Energy lithium-ion batteriesscalable for use by homeowners, commercial end-users, and electric utilities.
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