World News

Actions

Tesla Says It's Helping Build The World's Largest Virtual Power Plant

The automaker says it will help build the world's largest virtual power plant in South Australia.
Posted

Tesla says it's going to help build the world's largest "virtual power plant" in South Australia.

Here's how the state's government says it's going to work. During the test run, free solar power systems and Tesla batteries will be installed in 1,100 households. That system will be financed by selling the electricity each household generates.

If the trial run goes well, the program will be expanded to another 24,000 houses — with a final plan to put the system in place at 50,000 households over four years.

The new system could decrease energy bills by 30 percent for each participating household and could help stabilize the finicky power structure in South Australia.

This is just another step in South Australia's plan to improve the state's energy supply. Last year, Tesla helped the state build the world's largest lithium ion battery.

South Australian Premier Jay Weatherill tweeted Monday that 6,500 households have already expressed interest in joining the program.