Tesla launched a large Powerpack energy storage project

Tesla has a 100MW/129MWhPowerpack project in South Australia, which has a huge impact on the cost of frequency control and auxiliary services(FCAS). Powerpack will be used for similar grid services. Tesla collaborated with the demand response integrator "Restore" to create the system and provide balanced services for European transmission system operators.

Tesla's batteries do not use gas generators and steam turbines to make up for power losses on the grid. Instead, they charge when there is excess power and release when more power is needed.

The company announced in its Tweet on May 14 that 140 Tesla powerpacks have entered Belgium and are balancing the European grid 100 times faster than fossil fuel plants.

In an interview with The Energy, Bofude, Vice President of Restore UK, said assets such as batteries were being turned into "integrated pools". By creating a pool or portfolio, the technical requirements for individual assets can be reduced. Otherwise, these assets will not be able to participate in certain balance services. However, in this way, the value that these assets usually do not have can be created and can only be achieved through a composite portfolio..

The executive also said a second such project would soon be launched in the UK.

Tesla also released a video about this project.

Analysts said Tesla's Powerpack battery will once again be used to deploy another large energy storage project in Australia after receiving $25 million in funding. The company has plans to own a virtual power plant in Australia that will support 50000 households, which would represent more energy storage capacity.

Last week, during Tesla's first-quarter earnings call, CEO Elon Musk even hinted that a 1GWh plan could be announced soon.

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