Why your next home might be battery-powered

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4. Why Tesla’s announcement is such a big deal: The coming revolution in energy storage

Why Tesla’s announcement is such a big deal: The coming revolution in energy storage

Energy and Environment
By Chris Mooney May 1 at 7:15 AM

Late Thursday, the glitzy electric car company Tesla Motors, run by billionaire Elon Musk, ceased to be just a car company. As was widely expected, Tesla announced that it is offering a home battery product, which people can use to store energy from their solar panels or to backstop their homes against blackouts, and also larger scale versions that could perform similar roles for companies or even parts of the grid.

The anticipation leading up to the announcement has been intense — words like “zeitgeist” are being used — which itself is one reason why the moment for “energy storage,” as energy wonks put it to describe batteries and other technologies that save energy for later use, may finally be arriving. Prices for batteries have already been dropping, but if Tesla adds a “coolness factor” to the equation, people might even be willing to stretch their finances to buy one.

{Powering your home with batteries is going to get cheaper and cheaper}

A commenter linked to this:

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