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Benzinga
Benzinga
Technology
Rachit Vats

Tesla Powerwall Owners In California Can Help Avoid Brownouts — And Get Paid For it

California Nasdaq NYSE Tesla Inc. PGE

Tesla Inc (NASDAQ:TSLA) has partnered with utility firm PG&E Corporation (NYSE:PCG) to launch a new virtual power plant that will pay Powerwall owners to help boost the electric grid during brownouts in California, Electrek reported on Thursday.

What Happened: The virtual power plant (VPP) consists of distributed energy storage systems, like Tesla Powerwalls, that can double up as power grid services during shortages. 

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