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Tesla Energy Storage Turns To Aggregation

Tesla is now expanding its energy storage business from simply supplying the battery systems, to also remote control of installed storage systems to make the grid cleaner and more efficient.

Tesla calls it aggregation – the next step in energy storage.

The idea is to enable Powerwall owners to give utilities access to the battery – for use when energy demand is at its highest. Naturally, in turn owners would gain compensation for the extra capacity.

The first Tesla partner with the project is Green Mountain Power in Vermont.

Green Mountain Power intends to deploy 2,000 Powerwalls for $15/month or a $1,500 one-time fee.

In some ways, it’s similar to renting autonomous car, as Tesla would also build a platform joining those who have product, with those who are in need of using a product.

Read full article at Insdie EVs