Tesla Motors plans to make a huge lithium.
Ion battery plants are very interested in the emerging energy storage market, where home and business owners may want to buy battery systems as backup power supplies or manage solar power generation and use.
The company has been thinking about what an attractive battery system should look like for a family.
Its CEO Elon Musk caught a glimpse of the company's design approach as he discussed the company's first project
Quarterly earnings on Wednesday.
"We're trying to figure out what cool stationery is (battery)
Musk said, "pack.
"Some will be like the Model S pack: flat objects 5 inch from the wall, mounted on the wall, with a nice lid, an integrated double
Directional inverter, plug and play.
Musk said he will provide more details about the design of the home battery system by the end of this year or early next year.
Selling battery packs to the energy storage market seems to be perfect for Tesla, which will design battery packs and develop battery management systems as part of its core expertise.
The battery management system includes sensors and software to manage the charge and discharge of the battery and to ensure that the battery does not overheat.
The company has begun plans to build its own battery manufacturing plant, which will install the production line for manufacturing batteries in a package under one roof.
Battery production at the new plant may be managed by Panasonic, its current supplier.
In addition to selling electric vehicles, Tesla also sells power systems including batteries to automakers such as Toyota and Daimler.
Tesla has partnered with SolarCity, which bundles Tesla's battery system with solar panels and sells solar panels to consumers and businesses.
Musk is the chairman of SolarCity and the cousin of the two founders of solar.
The energy storage market is new.
From device manufacturers to installers, it attracts a lot of players, but how fast it really takes off ---if ever --isn't clear.
California is expected to be a good test ground for energy storage technologies and services as the state recently developed an incentive program to encourage its utilities to use energy storage--
It could be battery or other storage technology. -
Help them manage the growing solar and wind power.
When there is too much solar and wind power, utilities can use energy storage to store solar and wind power, and then drain energy from the energy storage and enter the grid when the demand is high. "The long-
Tesla chief technology officer JB Straubel said on Wednesday's earnings call: "The long-term demand for fixed energy storage is very large . ".
"We did a lot of work there and talked with major utilities and energy service companies.