Blockchain – Power Ledger in Puerto Rico?

Blockchain tech provider Power Ledger in Puerto Rico – the Australian company are looking to help the struggling Caribbean island with its ongoing energy woes by implementing their technology into microgrid resources.

Power Ledger in Puerto Rico

Power Ledger in Puerto Rico
Power Ledger in Puerto Rico (source: wikipedia.org)

We posted about Tesla’s input last October when they had a look at a microgrid in Puerto Rico – apart from the initial six, we haven’t seen many more of the Tesla Powerpacks installed – although hundreds of Powerwalls were also sent to help. Since PREPA (Puerto Rico Electric Power Authority) has a $9 billion USD in debt to Wall Street it’s a difficult situation for PR.

According to Bloomberg, Power Ledger have hired Dante Disparte, a Puerto Rican grid resiliency and security expert who is also CEO of advisory firm Risk Cooperative. Disparte spoke of the need to shore up the grid before any further problems – noting that it won’t be long until Puerto Rico sees more wild weather: 

“The next hurricane season is but three weeks away and the grid is not reliable — that is part of the urgency,” said Disparte.

Power Ledger are working with factories and regulators to help companies on the island buy solar panels and battery storage. They’ll then use the blockchain technology to allow companies to trade energy with each other, and to sell supplies to employees or the community. This exchange will be able to take the forms of non-traditional (or, depending on which way you look at it, very traditional) exchange – for example you’ll be able to buy power via cash, cryptocurrency (e.g. Bitcoin or Ethereum) or even labour. 

Puerto Rico Electric Power Authority CEO Walter Higgins said in an interview last week that it will be another couple of months until they finish restoring electricity to the remaining 25,678 customers still in the dark following the storms ~8 months ago. So obviously they need to start looking at measures that will help them next time there’s a problem.

Disparte said this isn’t going to be about “just building back the old grid waiting for the next crisis and the next wave of financial constraints.” They’re trying to completely change the way Puerto Rico can address issues like this in the future and this is an inspiring real-world usage of this technology.

Power Ledger’s investors will be able to make investments in Puerto Rico energy assets later this year using their POWR tokens. If you want to learn more about it please click here to view our article on Power Ledger.

 

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Tesla Powerwall in 2018 – Availability in Australia.

What can we expect from the Tesla Powerwall in 2018? Elon Musk’s company have released their Q4 report from last year, and it also has a lot of interesting information about the direction they’re planning on taking things in 2018. It looks like the days of the severely limited supply of the Powerwall may be coming to an end. 

Tesla Energy Display - Tesla Powerwall in 2018
Tesla Energy Display – Tesla Powerwall in 2018 (source: Tesla.com)

Tesla Powerwall in 2018 – Residential Energy Storage

The Tesla Powerwall 2 has been out in Australia for almost a year now – the problem is that they have been hard to come by and Tesla have had a very difficult time meeting demand for their energy storage products (we’re not even going to delve into the Model 3 fiasco…)

“2018 will see major growth in Tesla energy storage deployments, as the production ramp of our storage products is just as steep as with Model 3,” Tesla said. “This year, we aim to deploy at least three times the storage capacity we deployed in 2017.”

They went on to elaborate on the reason Powerwalls were so difficult to source last year:

“We also deployed 87 MW of energy generation systems in Q4,
which is 20% less than Q3 2017. Solar MW deployed declined as
volumes continue to be impacted by our decision to close certain
sales channels earlier this year and to focus on projects with better
margins. In addition, solar deployments were affected by the short
supply of Powerwalls for customers who wanted solar plus
Powerwall in their house. While volumes may continue to be
impacted by these factors over the near-term, we expect growth to
resume later this year. “

This begs the question – with so many issues scaling up their energy storage how will this impact the Powerwall 3 release date announcement?

Tesla Powerpack in 2018 – Commercial Energy Storage

After the unparalleled success of the Tesla battery in South Australia, it’s unsurprising to see that they’re going to have a strong focus on commercial solar storage. 

 “Due to the success of this project, we’re seeing an increase in demand for Powerpack, our commercial energy storage product. With more electric utilities and governments around the world recognizing the reliability, environmental, and economic benefits of this product, it’s clear that there is a huge opportunity for us in large scale energy storage” their Q4 statement read. 
 
It’ll be interesting to see exactly what applications we’ll see the Powerpack being used in, both in Australia and worldwide. 

Tesla Solar Roof 2018 Update

According to the report, initial production at the Gigafactory 2 started in Q4 and Tesla are “deliberately ramping production at a gradual pace”. When “fully scaled”, the Buffalo, NY based Gigafactory 2 will be able to produce enough solar cells to add more than 150,000 new residential solar installations every year. 

If you want to learn more about the Tesla, Inc. Fourth Quarter 2017 Financial Results Q&A conference call click here to visit their site or you can find the PDF of the update letter here – Tesla Fourth Quarter & Full Year 2017 Update

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Australian solar installs new record in November

Australian solar installs reached an all-time high of 120MW in November, eclipsing the 100MW in October and the record of 110MW set in June 2012, which was ‘artificially’ (for want of a better word) inflated as it was the last month before Queensland cut off the $0.44c premium feed-in tariff. These are massive numbers when compared with the previous few years and a fantastic indicator for the future of renewable energy in Australia. 

Australian Solar Installs in 2017

According to RenewEconomy and The Green Energy Markets’ Renewable Energy Index, for most months in 2016 solar installs were below 60MW and January 2016 had a measly install amount of 45MW. The reason for the big drop in numbers was due to the end of the premium feed-in tariffs and also the federal government’s substantial cutback of the amount of STC rebate certificates it provided. This means the cost of solar (and payback period) increased substantially, dropping the number of installs and casting doubt upon the industry as a whole.

Over the past 12-18 months, however, there’s been a perfect storm of the gigantic rise in the cost of wholesale electricity, better quality and price of solar panels and storage due to technology advances, and excitement about renewable energy have helped raise the numbers of solar uptake. Public perception and interest in the technology due to such projects as the massive Tesla battery in South Australia, German company sonnen’s ‘free power’ offering via sonnenFlat, and the Powerwall 2 battery have all led to Australia’s domestic and commercial solar uptake reaching this all-time high.

Australian Solar Installs 2017 - sonnen's sonnenFlat and sonnenBatterie
Australian Solar Installs 2017 – sonnen’s sonnenFlat and sonnenBatterie (source: sonnen.com.au)

The Renewable Energy Index for October 2017 showed that Queensland leads the way for Australia, with jobs coming via renewable energy projects (both large-scale and rooftop solar) almost doubling over four months from 3,634 at the end of 30 June 2017, to 7,194 in October.

 Amazing news for solar contractors and solar installers – although things may slow down a little over the Christmas period we can’t wait to see what 2018 brings to solar power in Australia. 

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Microgrid in Puerto Rico? Tesla Steps In.

In the wake of Hurricane Maria’s landing on Puerto Rico on September 20, the country has been almost completely without power and a majority of the 3.4million residents aren’t able to use fridges, air conditioning, or pump potable water. Enter the possibility of a Microgrid in Puerto Rico – Elon Musk’s Tesla have offered their support to the country by sending hundreds of their Powerwall energy storage batteries – with many already on the ground and more to come. They’re initially being sent to high priority locations such as hospitals which are currently using expensive and hefty gas-powered generators. 

Microgrid in Puerto Rico - Tesla
Tesla Microgrid in Puerto Rico? Electric use in PR before / after Hurricane Maria (source: Inhabitat.com)

Tesla Powerwalls and Puerto Rico

According to news sources such as Bloomberg and Engadget, Tesla is sending hundreds of the Powerwalls to Puerto Rico in an attempt to help shore up its shattered energy infrastructure. The Powerwalls will be paired with solar panels to generate energy while the country works on restoring its main grids. Some of the Powerwalls have already arrived in Puerto Rico and Tesla employees are on the ground assisting in the installation of required infrastructure. According to some sources, grid power won’t return to the entire island for another six months so they’re going to have to look at some options – which may include the full scale renewables – with small grids far more resilient than transmission lines and central grids. These microgrids could be connected to a central grid but also isolated if required. 

Renewable energy expert Tom Rogers told The Washington Post “You look at islands like Dominica, Anguilla, and other islands affected by the recent hurricanes, I’ve spoken to a couple of the utilities, and they say they would prefer to rebuild using distributed generation with storage, and just trying to reduce the amount of transmission lines. Because that’s where their energy systems fail. It’s having these overhead cables.”

Tesla Microgrid in Puerto Rico

After the initial Powerwalls being sent, there have been others talking about the much larger, industrial-size Tesla Powerpack grid scale storage solution and whether this could be an option for the commonwealth moving forwards. Clean Technica report that the island’s utility company, PREPA (Puerto Rico Electric Power Authority), has a massive $9 billion USD in debt to Wall Street and Puerto Rico itself is in debt to the tune of $123 billion (and $74b of them are in defaulted bonds currently in bankruptcy court). In short, the country is in serious financial strife and its grid is virtually worthless. Ricardo Ramos, the CE of PREPA, told CNN the island’s power infrastructure had been basically “destroyed”. 

There’s a possibility of just handing the grid over to its creditors and ‘start again’ – and this could perhaps be the impetus for Tesla to create microgrids across the country with its Powerpack batteries (they scale from 50kW up to 100MWh) – certainly a herculean task but who other than Elon Musk would take something like this on? 

Musk’s team are currently installing Tesla Powerpacks in South Australia under less critical circumstances but it’ll be an interesting litmus test to see if Tesla could roll something out on such a massive scale. 

 

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Volkswagen Electric Car / Battery – $84b Investment

Volkswagen electric car news – they have announced an $84b investment to create a range of electric vehicles – with plans to have electric versions of all 300 models by 2030. Of this $84b, $50b will be invested in battery production to support these vehicles – not directly linked to solar energy but definitely something that will have myriad benefits for the energy storage industry as a whole. 

The Volkswagen Electric Car / Battery Investment

Volkswagen Electric Car Golf 2017
Volkswagen Electric Car – 2017 e-Golf (source: Volkswagen.com)

Earlier this year VW announced that they were investing $10b in EVs but appear to have changed their strategy considerably over the past 6 months – planning to overtake Tesla and become the biggest electric vehicle company in the world. They’ll make EVs for Volkswagen as well as their other brands such as Audi and Porsche. 

Volkswagen CEO Matthias Mueller said  “A company like Volkswagen must lead, not follow” – and that “…this is not some vague declaration of intent. It is a strong self-commitment which, from today, becomes the yardstick by which we measure our performance.”

With the 2017 Volkswagen e-Golf’s range called ‘sub-par’ by some reviewers, (the 35.8kWh lithium-ion battery pack is up 50% on its predecessor, but it’s still heavy and can only reach 125 miles) it’s imperative that VW work on their battery technology if they’re to be a real contender in the EV space. According to Auto News new EVs will arrive in 2020 with 300 miles of range for a price similar to the Golf. 

Solar Power charging Electric Vehicles

With the Tesla Powerwall 2, the Tesla Solar Roof and the Tesla EVs looking to integrate more tightly over the coming 12 months, there are a couple of questions with regards to renewable energy and EVs. Firstly, will we see an influx of electric cars with solar panels? Secondly – how tightly will rooftop PV solar and EV recharging integrate over the coming years? 

To answer the first question, it’s definitely something being worked on – last month Audi announced they’re partnering with a Chinese solar panel manufacturer to add a solar roof on Audi’s electric cars. In fact, this dates as far back as the Mazda 929 in 1991 – the technology just hasn’t been good enough. Solar panel tech has been advancing rapidly over the past few years and we expect to see more solar panels on cars over the coming years – they’re cheaper, more flexible, and able to absorb much more energy than previous panels.

Secondly, that’s definitely something people are also trying to solve – energy storage technology plays a massive part in this as the ideal charging times (i.e. when people aren’t at home and therefore not using electricity) aren’t usually times when the car is in its garage! So using smart technology like the Redback Smart Hybrid System and teaching it about electricity usage patterns and joining that up with other information such as weather forecasts will play a key part in marrying solar power and electric vehicles. One thing’s for sure – this technology is going to move a lot faster over the next few years and it won’t be long before EVs are the norm. 

 

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