![]() Its GridLogic system will add software and generators to manage the power. Now the company is entering the utility-style energy distribution business itself. SolarCity has long accused utilities of standing in the way of change as more customers move to renewable energy. Rather than building giant utility-scale plants, the San Mateo-based company plans to build a distributed system of smaller grids that might serve local communities, with or without a connection to the utility grid. GridLogic is a microgrid that communities can tap when the utility grid goes down. Solar + Storage + EV could become simple building blocks of a microgrid, the opportunity might even help explain Elon’s $1 trillion valuation target.Leading residential solar installer SolarCity (SCTY) has launched a new service called GridLogic to protect communities from blackouts in the event of a natural disaster. It is likely they will continue SolarCity’s dive deeper into the home, where they have installed smart thermostats and water heaters. TESLA will also have demand response assets in the parking lot to help balance the microgrid. It’s true that the type of microgrid offered by TESLA/SolarCity is far simpler than microgrids with a multitude of generator types. And it’s going to get a lot easier in the future.” Our utility customers have been quite pleasantly surprised by just how easy it is to implement. Bigness and complexity are not the same thing. I think that productizing a microgrid - just click here and get a microgrid and it just works - I think that’s a good way to go.”īut can a microgrid really be properly sized and designed without custom up-front engineering? Elon thinks so: “Just because a product is big doesn’t mean the whole process needs to be complex. If you can productize it, it can happen so fast. “I think it’s always good to productize things - you can click here and buy your microgrid versus having a tailored situation for all over the place. This represents Musk’s affinity for productizing things. It blows their mind when they can just click a button and then we install their and it works.” “They don’t have to go through this big laborious process that’s a pain in the butt for them. Musk insisted that utilities and large corporate customers appreciate fast, simple, and easy purchase options as much as regular consumers. In the near future – utilities, corporate customers, and communities may design and purchase a microgrid with a few clicks on Tesla’s website. “Paralysis by analysis” is common, keeping many microgrid projects from escaping the planning stages. Microgrids need power generation, energy storage, power management, and financing. Microgrids can be expensive and complicated with a multitude of vendors and consultants involved from design to construction. When Trip Chowdhry of Global Equities Research asked, Musk made it clear that he was also referring to a “click-and-buy-microgrid.” The value he is referring to goes beyond offering solar panels to Electric Vehicle (EV) customers. ![]() Elon Musk asked shareholders to to examine the deal in terms of the products and value it can offer customers by owning the solar company. Tesla offered to buy SolarCity last week for $2.8 billion, causing confusion and criticism from some TESLA shareholders who saw the offer as a distraction from their core business.
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