Tesla charges ahead at the grid storage market

Gigaom

For years Tesla, in partnership with solar partner SolarCity, has been experimenting with selling batteries that can store energy locally at a building, or combined with a solar panel. I was one of the first to report on this, and an early stage of the companies’ program, which had recruited 500 customers (including Walmart), faced hurdles when it came to working with utilities to get the batteries connected to the power grid.

But last year when news emerged that Tesla planned a huge battery factory, and intended to dedicate a portion of its batteries to this market called “stationary storage,” even more speculation emerged around how truly disruptive Tesla could be for the power grid. While lithium-ion batteries have long been considered too expensive to provide low-cost storage for the grid, Tesla has said that in conjunction with Panasonic via the battery factory, it could cut the cost…

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