Electric car manufacturer Tesla Motors are rumoured to be working on a giant lithium-ion battery, which could be used to power domestic households.
The firm are apparently keen to stake their claim in the emerging energy storage industry as an extension of their current operations which count developing battery packs and battery management systems are one of their core revenues.
Exact details of how the technology would work will be released later this year, though early speculation suggests home owners and businesses will be able to purchase the batteries as either a back-up power supply in case of a black out, or as a means of storing wind and solar energy.
It’s an exciting prospect and the company haven’t scrimped on the battery pack design either. Tesla CEO Elon Musk explains, “We are trying to figure out what would be a cool stationary (battery) pack… Some will be like the Model S pack: something flat, 5 inches off the wall, wall mounted, with a beautiful cover, an integrated bi-directional inverter, and plug and play.”