Friday, 7 July 2017

Tesla To Build Giant Battery In Australia

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Tesla to build giant battery in Australia amid energy crisis

Tesla has announced that it will build the world's largest lithium-ion battery throughout Australia. This was to solve the energy crisis, which caused a blackout throughout the region.

Tesla will build a 100 megawatt battery plant in South Australia in partnership with French renewable energy company Neoen. Tesla CEO Elon Musk will promise to provide the system within 100 days of the signing of the contract or to provide it for free. The billionaire entrepreneur originally made a 100-day pledge on Twitter in March, and the South Australian government confirmed on Friday that the deadline was part of the formal agreement.

Read more: Elon Murk promises that Australia's hard recession will be resolved in 100 days.

"This system will be three times stronger than any system on the planet," Mook said. "This is three times as much as before, unlike a minor advance on the border," he said. South Australia, which relies heavily on solar and wind power, is looking for ways to reinforce its fragile power. More power outages have troubled the country over the next few months because the entire country suffered a blackout during the storm last year.

The battery farm is planned to be independent of the national grid as part of South Australia's Premier Jay Weatherill's $ 550 million (US $ 425 million) plan announced in March. The Australian Energy Market Operator, who manages the country's grid, warned of a potential shortage of gas-fired power in southeastern Australia by the end of next year. Australia is short of Qatar as it is expected to soon be the world's largest liquid natural gas exporter. Australia is also a major exporter of coal.

The battery in South Australia will store energy at the Hornsdale Wind Farm in Neoen, about 200 kilometers north of Adelaide, near Jamestown. A spokesman for Tesla said it will provide energy for up to an hour of use to maintain state supplies and can power 30,000 houses.

"The battery pack can be charged where there is excess power and very low cost, and when the production cost is high, it discharges and lowers the average hourly cost to the customer," Musk said. "This is a fundamental efficiency improvement." The installation of the battery is expected to be completed by December. The cost of the project was not disclosed.

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