Canberra businesses and homes trial 'world's largest virtual power plant'
More than 250 Canberra businesses and homes banded together on Thursday afternoon to create the "world's largest virtual power plant". The trial used new technology developed by Reposit Power to coordinate solar batteries installed across the territory in selling power back to the grid.
It took advantage of an ActewAGL offer to pay a feed-in tariff of $1 per kilowatt hour in times when there is a high demand for electricity - more than eight times the typical rate.
ACT Minister for Climate Change and Sustainability Shane Rattenbury described the initiative as "Canberra innovation at its best".
"The great thing about a virtual power plant compared to a centralised battery like the much-spruiked Tesla battery in South Australia, is that in addition to providing grid support, the household batteries also work to directly reduce the owners power bills every day," he said.