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Tesla looks to energy storage aggregation

Tesla has taken its next step into the energy storage market with a project to aggregate energy storage to provide services to the grid.

The project is being launched with Vermont utility Green Mountain Power, and will aggregate utility scale and residential storage into a single resource. The aim is to enable more renewable energy and increase grid efficiency.

The project will utilise Tesla’s Powerpack and Powerwall batteries and its GridLogic software platform.

It is innovative on several fronts. One of these is the aggregation potential. The second is that participating homeowners are effectively supporting the utility in its storage goals, and are able to purchase the storage batteries for only $15/month or a $1,300 one-time payment – a substantial discount on Tesla’s standard $6,200 price.

More here.

 

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