VPP Data - Tesla's VPP Performance, 5 more VPPs - Oct 30, 2023
Details on Tesla's VPP performance in CA, 5 more VPPs
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VPP News
Details on Tesla’s VPP performance in CA from a former PG&E VPP Analyst (Tegus)
Tesla believes their VPP payments will eventually increase 5X: “right now [powerwall owners] are on a fixed price of $2 for a kilowatt-hour and eventually, they want to move ahead and they think that this price can reach in some cases like $5 and $10. And I think that is where we want to make the most impact for the customer and also get a percentage of it. 10% of $10 or $5 would be $0.5 or $1, and that is where they think if they dispatch like 31 megawatts or 50 megawatts or 100 megawatts, that's when they can think they can earn a lot of chunk”
Long-term Tesla targeting a 10% take rate for customer VPP earnings
Tesla’s VPP scale: Expert cites 70-80K powerwalls in CA, of which 10-15% are enrolled in the VPP, of which half participate in the VPP at any given time
Tesla’s CA battery market share: Tesla started with 70% battery share a few years ago, now closer to 60% share, with LG Chem the next largest OEM
New IEEE paper: Machine learning infused distributed optimization for coordinating virtual power plant assets (arXiv.org)
VPP Insiders - Utility Perspective with Adam Light, DERMS Practice Lead at TRC (Youtube)
New VPP Programs
5 new VPP programs added to the database. Now tracking 115 programs in 24 states
Open/Upcoming Programs
Colorado utility, Platte River Power, approved an upcoming VPP consisting of EVs, batteries and demand response with an estimated 74 mW enrolled / 33 mW achievable by 2030 (public filing, Coloradoan)
Los Angeles Cleantech Incubator’s Clean Energy Partnership announced 165 mW VPP in advance of the 2028 Olympic Games (LAIncubator.org)
Schenectady Community Virtual Power Plant announced an upcoming program last year in partnership with ecoLong (The Daily Gazette)
Generac won $50mm DoE grant for new VPP in serving lower-income homes in MA (press release)
Closed Programs
Sustainable Westchester, an NY based CCA, announced the sonnenCommunity New York Virtual Power Plant in 2021. According to the CCA website, the pilot appears to be closed (Westchester Magazine)
See all 86 active and 17 more planned VPPs in the public database
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