Modelled after the giant battery system it installed in South Australia, Tesla has now launched another grand energy storage product, Megapack, that could be an alternative to peaking power plants.
Tesla’s not so dominant energy storage business, in relation to its massively spread Electric Vehicle one, has now added the Megapack to its product list. Megapack is the third energy storage system and by far the largest of them all offered by Tesla. The other two being the residential Powerwall and the commercial Powerpack. This diversification of Tesla, generates $368 million of the billions earned in overall revenue for the company. However, the market for its energy storage products are now growing, with residential Powerwalls now being installed at more than 50,000 sites.
The natural gas peaker has been the traditional option. The system that dispatches electricity only during peak demand period is Tesla’s Megapack’s selling pitch. Megapack will replace peakers, with a promise of providing 182.5 MW of the upcoming 567 MW Moss Landing energy storage project in California with PG&E.
The special features of Megapack are, it is an easy to install utility scale system, fully assembled. with up to 3 megawatt-hours of energy storage and 1.5 MW of inverter capacity. The system includes software, developed by Tesla, to monitor, control and monetize the installations, the company said in a blog post announcing Megapack.
All Megapacks connect to Powerhub, an advanced monitoring and control platform for large-scale utility projects and microgrids, and can also integrate with Autobidder, Tesla’s machine-learning platform for automated energy trading.
Tesla’s Megapack is another effort towards sustainable alternatives to the global energy crisis.