The Strategist

Tesla Batteries Will Deliver Energy into Office Buildings

10/14/2015 - 15:22

Accumulator batteries, made by the automaker Tesla, will be first used in buildings: a Californian real estate developer Irvine Company announced plans for the construction of 24 office buildings, equipped with Tesla batteries. The developer hopes that the batteries will help to reduce power consumption during peak loads and reduce electricity consumption by 25%.

One of the oldest real estate companies in the US, California Irvine Company, founded in 1864, claimed to be the first company in the world to erect a complex of buildings equipped with hybrid systems with use of energy storage systems of Tesla. The company said it has developed an installation project for office buildings systems, which is intended to reduce energy consumption from traditional urban power plants when loads are on peak. This would allow companies to save on electricity bills. Batteries will accumulate electricity in a normal time, and shift to the energy transfer if necessary. Such systems can also be used as a backup power source. Irvine Company stated that the electricity storage complex covers an area equivalent to five parking spaces for cars. The developer intends to build 24 office buildings, it is expected that the electricity saving will amount up to 25%. The installation of the first of such facilities is scheduled to begin later this year.

In September, it became known that batteries developed by energy division of Tesla (Tesla Energy) will first be installed in homes. This will happen as part of a joint venture between the US company and the Australian Reposit Power. The system, called Powerwall, consists of solar panels installed on the roof of the house, and storage of energy derived from the sun. Currently, the manufacturer of electric vehicles is actively investing in the development of new storage technologies and energy transmission - in the past year, Tesla began construction of a new plant in the state of Nevada, which is scheduled to begin production of the batteries in 2017, and is expected to reach its full capacity by 2020. Tesla promises that in 2020 the plant will produce lithium-ion batteries, whose total capacity will be more than all the world made for the year 2013. Construction of this plant is part of Tesla’s plans to increase electric vehicle production capacity to 500 thousand per year.