Tesla Building 250MW "Virtual Solar Power Plant" Using 50,000 Homes In Australia
from ZeroHedge:
After building the world’s largest lithium battery in Australia nearly 40 days ahead of schedule, Tesla has announced plans to build the world’s largest “virtual power plant” by outfitting 50,000 homes in South Australia with solar panels and Tesla battery storage units over the next four years, slashing participants’ energy bill by 30%.
Beginning with a trial of 1100 Housing Trust properties, a 5kW solar panel system and 13.5kWh Tesla Powerwall 2 battery will be installed at no charge to the household and financed through the sale of electricity.
Following the trial, which has now commenced, systems are set to be installed at a further 24,000 Housing Trust properties, and then a similar deal offered to all South Australian households, with a plan for at least 50,000 households to participate over the next four years. -ourenergyplan.sa.gov.au
Over 6,500 households have already applied for the 250MW program (which will provide the panels for free), tweeted South Australian Premier Jay Weatherill on Monday.
More than 6,500 South Australian households have signed up to register their interest in the world’s biggest Virtual Power Plant.
To sign up and find out more, visit https://t.co/TkdmqBUrG9 pic.twitter.com/eXCnU6Q0i3
— Jay Weatherill (@JayWeatherill) 4 February 2018
The AUD$32 million ($25 million USD) project bankrolled by taxpayers and a state-funded techonlogy grant will be recovered by selling the electricity to customers on the grid. “We will use people’s homes as a way to generate energy for the South Australian grid, with participating households benefiting with significant savings in their energy bills,” says South Australia’s premier Jay Weatherill. “More renewable energy means cheaper power for all South Australians.”
Price predicts utility bills for participating households will be slashed by 30%. The installations will begin with 100 households in a low-income housing community. Those systems should be completed by the end of June. Then another 1,000 systems will be installed in similar properties by the end of the year.
After that, another 24,000 Housing Trust residents will be offered the opportunity to join the program, followed by 25,000 more households over the next 4 years. Minister for Social Housing Zoe Bettison said the decision to install the systems in Housing Trust homes would assist the most vulnerable. “We know that people in social housing can often struggle meeting their everyday needs and this initiative will take some pressure off their household budget,” she said. -cleantechnica.com
Read More @ ZeroHedge.com
Source: https://www.sgtreport.com/articles/2018/2/8/tesla-building-250mw-virtual-solar-power-plant-using-50000-homes-in-australia
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