Tesla is having a significant impact on the environment by selling its energy products to customers. It includes solar and storage products, which generate and store renewable energy. So the customers get energy independence, having a positive impact on the environment. In the 2021 Impact Report, the company shared its focus on developing its energy and storage products.
Megapack for commercial customers
Tesla has Megapack, which can store energy on large scale for commercial purposes. The electricity stored and generated will be from solar, making it a renewable source of energy. Having a Megapack is also about a mathematical decision for various customers. Like, when one Megapack can generate an average of 3,000 kWh for battery storage, it can also handle projects which need 1,000,000 kWh. Such large-scale projects would mean savings in long term for the company or large entity. The Megapack can meet the large demands. Furthermore, Tesla also started making a new manufacturing facility, that can produce 40,000,000 kWh of energy storage annually.
For individuals
Also, energy independence is one of the most important aspects, both for individual households and for organizations and entire states. The best way to avoid a potential power outage is to reduce dependence on the grid. Tesla’s products allow customers to go offline to meet a wide range of needs. Tesla sold 4 GWh of energy storage products in 2021, representing over 15% of the global 25 GWh market. The company said some of these projects were massive, including a 371 MWh plant in California, USA, and a 497 MWh plant in Victoria, Australia. Tesla estimates that in order to switch global energy use to renewable sources, global annual battery production would need to increase to around 10,000 GWh.
Any household can significantly reduce their carbon footprint by installing a solar roof or solar panels and adding Powerwall to the system. Tesla points out that, in theory, all domestic electricity needs in the US, as well as vehicle needs, can be met by sunlight alone. The manufacturer is aware that the installation of such a system should be financially beneficial for the customer and provides some calculations. For example, in Massachusetts, an average solar array and storage system pays off in energy cost savings in about 10 years. As the cost of these products continues to decline, more customers will be willing to switch to solar and storage solely because of the lower overall cost. Tesla is constantly working to reduce the cost of its products in order to facilitate their mass adoption. The manufacturer is confident that ultimately, battery-powered renewable energy will become the cheapest energy option available, regardless of location.
