It just keeps getting better 15% Li2O increase, page-6

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Tesla targets Australia as 1st market for Powerwall, deliveries
in 2015
Australia has been named as one of the first markets – along with North America – that will receive deliveries of
Tesla’s much anticipated Powerwall residential battery storage system.
Tesla said on Thursday that it would be launching its 7kWh home energy storage units in Australia in late 2015,
alongside North America and the DACH market in Europe, through a “growing list” of Tesla Energy partners. This
is ahead of previous predictions of 2016.
One of those partners in Australia will be Canberra-based
Reposit Power, which is rolling out a series of trials enabling
households with solar and storage to trade energy during the
day. Reposit announced in May that its technology would be
integrated with the Tesla battery storage unit.
The California-based EV maker describes Australia as a core
market for its Tesla Energy products, because of its high
electricity costs and excellent solar resources, and the
structure of its tariffs.
The Tesla launch earlier this year created a buzz of excitement
around the world, and has already brought other manufacturers
into the Australian market, and triggered a fall in battery
storage prices. Some analysts say battery storage will be a
mass market product by 2020, others say it could be before
then.
UBS this week noted that households will play a central role in
the move to a high renewable energy grid, because of the
potential of battery storage to help consumers and grid
operators.
Labor is pushing for a 50 per cent renewables target by 2030,
although new prime minister Malcolm Turnbull describes this
as “reckless”. The Greens want a much higher target, but the
Nationals has rebuked any member who wants to support
renewable energy, despite its popularity in the public.
Tesla, in its latest press release, says its daily cycling lithiumion
Powerwall battery is a compelling option for Australian households with rooftop solar, “due to the unique
structure of retail electricity and the feed-in-tariff solar pricing options across the country.”
The biggest markets for battery storage in Australia will be those areas that pay little for the output from solar
arrays to the grid. This includes all new installations, and in areas like NSW, where 160,000 households will lose​

their solar premium tariffs at the end of 2016.

Bloomberg New Energy Finance predicts 33GWh of storage in Australia within 20 years, accompanied by 37GW
of rooftop solar.
Tesla has also announced an upgraded battery capacity of 3.3kW, continuous and peak, that will allow solar
customers to store the energy they generate during peak sunlight hours and use it at night, rather than drawing
electricity from the grid.
Additional products supplied by Tesla Energy will include the 10kWh weekly cycle Powerwall which is compatible
for residential back-up power and the Powerpack, a commercial and utility solution, grouping 100kWh battery
blocks to scale from 500kWh to 10MWh+.​

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