Tesla has announced the expansion of its Virtual Power Plant (VPP) in Australia today, with residents of the state of the Victoria now able to sign up for the Tesla Energy Plan.
News of the expansion was shared by Josef Tadich, a Victoria native himself and Senior Manager Engineering at Tesla.
On his LinkedIn account Tadich said the plan allows customers “with a Powerwall to participate in wholesale energy and frequency control markets, providing cheaper retail rates and supporting the power system when it’s needed most.”
With the launch, Tesla also added a new page to its website describing what a VPP is and why a customer would benefit from joining. This includes being able to reduce their energy bill by using stored energy at peak periods and also receiving monthly grid support credits by supplying energy back to the grid when it needs it most.
To be eligible for the Tesla Energy Plan in Australia, customers have to own or purchase at least 1 Powerwall, have an operating solar system under 15kW per Powerall, have an internet connection, and either have a smart meter or agree to have one installed at the house.
Australia is a global leader when it comes to energy storage. The country is already home to one of the largest battery energy storage systems in the world powered by Tesla Megapacks, the 150MW Hornsdale Power Reserve.
That will soon be dwarfed by the 300MW Victorian Big Battery which should be operational by the end of the year.