The South Australia Virtual Power Plant Project is a 250,000kW energy storage project located in South Australia, Australia.
The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2018 and will be commissioned in 2021.
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Description
The South Australia Virtual Power Plant Project is being developed by Tesla.
The key applications of the project are renewable energy integration and microgrid capability.
Contractors involved
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By GlobalDataTesla is the developer. Tesla is the technology provider for the project.
Additional information
The South Australian government will build a largest virtual power plant by rolling out solar panels and Tesla batteries to at least 50,000 homes. Installation is planned over the next four years, and those households will combine to create the 250MW virtual power plant. In an initial trial, which has already commenced, a 5kW solar panel system and a 13.5kWh Tesla Powerwall 2 battery will be installed in 1,100 public housing properties for free, with the sale of electricity to cover costs. Following this, an additional 24,000 public houses will receive the systems. A wider rollout for private homes is planned in 2019, depending on the success of the trial phases. The program will be funded via a AU$2 million grant ($1.59 million USD), and a AU$30 million ($23.8 million USD) loan from a state-funded technology fund. The project has a total value of AU$800 million ($634 million USD), which will also be funded by investors.
About Tesla
Tesla Inc (Tesla) is an automotive and energy company. It designs, develops, manufactures, sells, and leases fully electric vehicles and energy generation and storage systems. The company produces and sells the Model Y, Model 3, Model X, Model S, Cybertruck, Tesla Semi, and Tesla Roadster vehicles. Tesla also installs and maintains energy systems and sells solar electricity; and offers end-to-end clean energy products, including generation, storage, and consumption. It markets and sells vehicles to consumers through a network of company-owned stores and galleries. The company has manufacturing facilities in the US and China. Tesla is headquartered in Palo Alto, California, the US.
Methodology
All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.
