tesla's expected home battery announcement could spark energy revolution - home battery system

Update: Tesla battery officially launched on Thursday night. Read more.
Behind the electric car revolution is expected to unveil
When the announcement was made at the Tesla Motor headquarters in Hawthorne, California, the scale battery was able to power the entire house.
While batteries may cut consumer electricity bills, some say it is also a move to democratize the energy system.
Tesla Motor Company CEO Elon Musk tweeted the announcement a month ago, saying Tesla's main new product series will be at Hawthorne Design Studio at 8: 00. m.
Thursday local time
"It's not a car," he wrote, sparking speculation that it might be a home battery.
Listen to the current section on possible energy revolution Musk, who moved from South Africa to Canada to study at Queen's University in Kingston, Ontario.
Before moving to the University of Pennsylvania, he was the chairman of solar energy supplier SolarCity.
Solarcity has launched a pilot project to install 300 household batteries made by Tesla in California homes.
According to the company's website, another 130 systems were installed in early 2015.
The company said the product will be available again in late summer as it is looking into the "next phase" of the project ".
Tesla is also building its gigabit battery plant, adding to speculation that the company will launch a home battery.
Musk said the plant will produce more lithium by 2020.
More than all the factories currently producing ion batteries.
For the better of the future, we need electricity transportation, solar energy and (of course). . . pic. twitter.
Com/8 mwVWukQDL when the sun comes out, the home battery is connected to the electrical system of the home and collects the energy collected by the solar panel, Michael Ramsey, A car reporter from The Wall Street Journal told the CBC.
This energy can be used when the sun is no longer extinguished.
"Our idea is that you buy this system and it can effectively cut off the wires," he said of the consumer's ability to give up the grid's energy . ".
The consumer's electricity bill will be significantly reduced as they will pay less from the grid.
This innovation can drive the world to a future where we need to generate electricity and where we use it, says Warren Mabey, director of the Queen's Institute of Energy and Environmental Policy.
"This is a shift from a very large centrally operated plant to a small grid that everyone has their own or part of an apartment building," said Mabee . ".
In this system, he says, centralized power generation is not so much a driver as a backup.
However, Ramsey says the current system is still very expensive.
He said the 300 home batteries installed in California cost as much as $20,000.
"It will take a year, a few years to pay for utilities," he said . ".
"It makes no sense unless the cost drops.
Ramsey believes that from this development, enterprises have the biggest economic advantage.
When businesses have a high demand for electricity and cut their bills, the battery can provide them with a surge in power.
Mabee compared the cost of solar panels to the phone.
Smartphones used to be very expensive, but every generation has reduced costs, he said.
Solar panels are getting cheaper every year.
Solar panels are approaching the grid parity moment
When the cost of solar power generation is the same or cheaper as buying energy from the grid.
Another grid parity moment could be close, Mabee said.
He estimates that the cost of solar panels and battery systems will soon match the cost of purchasing power from the grid.
"The Magic grid parity moment is getting faster and faster," he said . ".