Tesla’s California virtual power plant transforms the grid and makes millions

Tesla’s California virtual power plant transforms the grid and makes millions
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I'll be at the Melbourne Electric SUV EXPO from 9-11 Aug 2024. Here's a link offering $10 off tickets (they're super cheap):
You can catch up with me at the show on August 10 and that night after the show. Looking forward to seeing you there!

I'll be at the Melbourne Electric SUV EXPO from 9-11 Aug 2024. Here's a link offering $10 off tickets (they're super cheap):
You can catch up with me at the show on August 10 and that night after the show. Looking forward to seeing you there!

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#teslapowerwall #virtualpowerplant #teslabatteries #evnews

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[hrider]

Have a powerwall 2 and have not paid a power bill for 12 months and get another $500 Credit again next month, On VPP deal. Need more solar hope to increase my solar soon. In Sydney NSW.

[carrdoug]

When I first started buying Tesla stock in 2019, this possible future was why I did it. 👍👍

[Peter-hgoc]

I’m waiting for the powerwall 3 to come to Australia

[herrtomas]

I'm waiting for PowerWall3 to be installed in the UK. September I've been told.
Local solar and battery capacity make a great deal of sense. The country's infrastructure isn't able to shift vast amounts of power between where it is generated and where it is needed, so local 'fuel dumps' make sense - even more so if you get Joe Public to stump up the cost and install it!

[charleshill]

Electric Utilities are composed essentially of 3 different components: generation, transmission, usage. California's NEM 2.0 program was designed to encourage local GENERATION. It created a boom in solar rooftop deployment. It was successful! Great! But now California is generating MORE electricity than they can use. NOW their problem is usage. They want to level out the usage and that is solved by NEM 3.0, which is designed to encourage STORAGE. Now the incentives encourage batteries, which both levels out the load by allowing heavy usage in the hours when there is no solar generation (EV charging, dishwashers on delay, heat pumps over night, etc.). And by increasing self-consumption, it reduces the load on the TRANSMISSION component, because if a building is creating and using its electricity locally, it isn't using the power lines and frees up capacity for others.

[AaronDwyer]

Agree power supply is bigger than EVs and robots. It’s the one thing we must have to survive in our densely populated areas. There are decentralised solar power setups in less stable energy countries, where neighbouring villages shares and trades electricity amongst themselves.

[Chainyanker]

A while back Elon said that the global energy market was larger than than the global car market. Looks like the time has come for Tesla to capitalize on that. I bought TSLA several years ago when the Megapack was first announced, to me it was the missing element in the renewable energy triad. Throw in Autobidder and you have a real money maker.

[johnsmedley]

As an engineer for about 50 years these arguments about can we afford renewables really piss me off. Of course we can, the new UK Government will lead the way.

[ryen]

California has so much grid battery capacity now that they can output the equivalent of 3 nuclear power plants at times when needed (6, 000 megawatts). This number will only grow as more battery installations come online.

[david-iam]

Our solar panel system ROI was shorter than the 6.5years originally estimated. It generated more power than guaranteed by Tesla each year. We broke even at around the 5 year mark so we’re glad we went solar. And the electric company have increased the peak kw/h rate since when we first went solar from like .42cents to .80cents. With no end in sight. Crazy.

[mkashay]

I have my Powerwall's signed up for this in CA. I am glad to help and make some money doing so.

[jimparrUtube]

I agree with the VPP concept. When more mega-packs are installed in strategic locations this will allow a far greater stability on any national grid that relies on wind & solar to a large degree. I also think gravity storage concepts (now proven to be practical) have a great future.
One other concept that is little discussed, is the effect of local storage by whatever means on a national grid. If intelligently applied, VPP and mega-storage can not only remove transmission STRESSES from the grid, but also drastically reduce energy losses from the transmission of energy over long distance.

So when a grid begins to exploit local energy storage on a daily basis, there will be a far more stable national energy supply. It will take some time to work out a practical model without powermongers becoming involved, but the future is basically 'bright' if everyone cooperates to establish this new paradigm, even while power grids are undergoing long-overdue upgrades in most nations.

[kencotton]

I wish Tesla would offer incentives to folks willing to participate in VPPs, perhaps selling the powerwalls at a reduced price or offering zero interest loans.

[budgetaudiophilelife-long]

🙋‍♂️THANKS SAM 🤗 FOR SHARING THE FUTURE, AND WHY WE CAN LOOK 👀 FORWARD TO THIS 💚💚💚

[edwardlinne]

Thats great but electricity in California is a crazy 35 cents per kwh. Yikes.

[gunnarparment]

Home batteries are already big, and Tesla are not alone. Looks like a bright future. 🙂

[charleshill]

"People are saying that in a few years Tesla will make more money in selling PowerWalls and MegaPacks than from electric cars." -- You're forgetting Tesla cars can be rolling PowerWalls. Once Tesla gets around to adding V2H/V2H to their vehicles -- which we're starting to see with the CyberTruck -- they'll be a big part of the equation. This is the reason GM formed GM Energy along with leaning in on EVs. Ford has the "power your home" bit for the F-150 Lightning, but GM has the whole enchilada with solar integration, optional batteries, etc. for their Ultium EV line.

[jimfergusondev]

The only problem is VPP (with San DIego Gas & Electric) has a limit of $350 per power wall per year. but it will save the owner money because it allow you to run your house off the battery during the peak rates

[chriswilliams]

In some countries in Europe now dynamic power prices (hourly epex spot dayahead) is available for end consumers both for drawing or supplying from/to the grid, which is very good development. This is a very good self regulating situations, as batteries get cheaper and cheaper people can store solar energy and feed during the night when prices are high.

[hardi.howdy.]

Nice.
But can a power plant be *virtual* ? 🤔