No replies to this topic

[eds]

When Elon Musk, offered to build,
. . . what would be the largest grid storage battery installation in the world,
. . . in South Australia last year,
. . . he set off a chain of events,
. . . that may have implications for the entire world.

Neoen, the system operator, recently pocketed
. . . $800,000 in 48 hours,
. . . by absorbing excess electricity from the grid, and
. . . selling it back to the grid operator later,
. . . when demand increased.

Tesla, and the government of South Australia,
. . . now plan to install rooftop solar system on
. . . 50,000 homes in the next 4 years, and
. . . link them them together with grid storage facilities,
. . . to create the largest solar Virtual Power Plant (VPP) in history.

And here’s the kicker:
. . . The rooftop solar systems will be FREE!

The cost of the project,
. . . will be recouped over time by selling the electricity generated to those who consume it.
“We will use people’s homes,
. . . as a way to generate energy for the South Australian grid,
. . . with participating households benefiting,
. . . with significant savings in their energy bills,”

The crux of it all is:
. . . . . . with governments political will, transformative programs have stable support,
. . . . . . with stable government support, financing options become viable.
. . . . . . with financing options, more virtual power plants become possible.
. . . . . . with virtual power plants, weaning the world off its fossil fuel can become a reality.

2-4-2018 Source; South Australia: Virtual #Power Plant