Tesla Energy

Yesterday was a record-setting day in ERCOT. Let’s break it down. 1. ERCOT hit an all-time record for demand, but thanks to strong solar generation throughout the day, prices remained under control, even during the peak. 2. As the sun set and solar output decreased, ERCOT set a new record for net load—the demand that must be met by dispatchable sources. It’s important to note that high prices correlate more with high net load than gross load. 3. Battery storage shattered its previous discharge record, sending 20% more power to the grid than previous record set the the day before as ERCOT fully released ECRS. 4. We saw some of the highest sustained real-time energy prices of the year, with the Hub average 15-minute SPP nearly reaching the $5,000 bid cap. The ORDC played a role in maintaining these high prices. 5. ERCOT deployed nearly all available capacity without any reliability issues. Despite a significant drop in PRC and SCED capacity within 5 minutes, 2,000 MW of extra capacity released from ECRS made a critical difference. ERCOT's performance under these challenging conditions showcases the evolving dynamics of our grid and the critical role of all resources in keeping the system balanced.

We’re excited to share that the Chinchilla Battery recently commenced commercial operations! The 100 MW/200 MWh grid-scale battery is the first completed project at CS Energy’s Kogan Clean Energy Hub on the #westerndowns. Grid-scale batteries complement renewable energy by charging up in the middle of the day when there is often a surplus of solar energy and then releasing it later on when it is needed the most. The Chinchilla Battery underwent a comprehensive commissioning program to test it under a range of operating conditions, ensuring it operates safely and reliably. Since becoming operational, it has been helping meet electricity demand in the morning and evening peaks. Getting the battery to this stage has taken a large effort from many people across our business – from the team at site who will operate and maintain the asset to our traders in Brisbane who will dispatch its output into the grid. Tesla Downer Powerlink Queensland