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Briefing
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- Largest Virtual Power Plant – South Australian government plans to roll out solar panels and Tesla batteries to 50,000 homes, creating world’s largest virtual power plant at 250 megawatts, by 2022
- Free Solar Package – Will include five kilowatt solar panel system, 13.5 kilowatt-hours Tesla Powerwall 2 battery, and smart meter for free
- Online Registration – Interested homes can register online at virtualpowerplant.sa.gov.au.
- Lower Costs – Can lower electricity costs by 30%, while supplying 20% of South Australia’s average daily energy requirements
- Retailer Partnership – Will seek retailer to partner in program, who will handle billing and electricity
- Initial Financing – State Government to provide AUS$2 million ($1.6 million) grant to project, while Renewable Technology Fund will assist with AUS$30 million ($23.8 million) loan
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Accelerator
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Market Disruption
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Sector
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Energy, Government (excluding military)
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Organization
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Government of South Australia
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Source
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"Labor offers solar panels and Tesla batteries for 50,000 South Australia homes,"
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Weatherill, J., "South Australia's virtual power plant",
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"South Australia plans 250MW, 50,000-home solar-and-storage virtual power plant … for free,"
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Cuthbertson, A., "Tesla is turning 50,000 homes in South Australia into a giant battery",
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AcceleratingBiz analysis
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Original Publication Date
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February 4, 2018
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