A revolution in energy technology? Elon Musk launches the Tesla Powerwall
Elon Musk, CEO and product architect at Tesla Motors, has just announced the launch of the Tesla Powerwall. Musk was a co-founder of Paypal with Peter Thiel (who I talked about yesterday), and has since gone on to found Tesla Motors, SpaceX and SolarCity.
The new product is a home battery that represents a potential revolution in energy technology. It is designed to store around 10 kilowatts of energy, and could be used (in combination with solar panels) to take homes off the grid.
Solar power is likely to be part of the solution that frees us from our dependency on burning fossil fuels. The big catch with solar power though is that the sun doesn’t shine at night. The Tesla Powerwall is a wall mounted battery, and so if used in combination with solar panels, it could allow people to satisfy their energy needs without relying on grid energy. This is significant because grid energy is often produced by burning fossil fuels which produces CO2 emissions and contributes to global warming.
It will be interesting to follow the evolution of this technology in the months and years to come. We could very well be witnessing the initial steps in a global energy revolution.