Tesla to build world’s biggest lithium ion battery in South Australia
Tesla’s billionaire founder Elon Musk will build the world’s largest lithium-ion battery to store renewable energy in South Australia in collaboration with Neoen, the French energy.
129MWh battery combined with a wind farm, is designed to improve the safety of electric power supply in South Australia.
On Friday, state PM Jay Weatherill confirmed the deal, which is a key element of the government’s $ 550 million energy plan.
The state government said musk confirmed its promise made on Twitter in March that it could deliver the battery within 100 days of signing the contract or that it would be delivered free.
Romain Desrousseaux, deputy general manager of Neoen, said that 129MWh, South Ion-lithium-ion become the largest in the world. The battery will be built near Jamestown in the middle of northern state, and will be paired to Hornsdale Neoen wind farm to ensure the stability of renewable energy in the network.
Muscle to the press in Adelaide on Friday that the project was not without technical difficulties, as it would be the largest installation of batteries in the world “by a significant margin.”
“When you do something three times bigger, it always works? We think this will be possible, but there is a certain risk,” he said. “We have confidence in our technology and system design.”
It was envisaged that this would help to stabilize the network and reduce prices for consumers.
“Basically, you can charge the batteries when you have an excess of energy when the cost of production is very low … and then discharge it when the cost of energy production is high, which effectively reduces the average cost for the end customer” , Said musk. “This is a fundamental improvement in the efficiency of the network.”
Muscle said a failure to deliver the project on time would cost the group about $ 50 million, although contract details were not revealed.
The battery is an essential part of the $ 550 million energy plan by the state government established after the state’s failure last year. Weatherill said, “I am very pleased to select Neoen and Tesla, whose expertise and global leadership in energy and renewable energy helps South Australia to take charge of its energy future.”
“The storage of the battery is the future of our national energy market and the eyes of the world follow our steps in this space.
“This historic agreement is more sustainable Tesla energy generator in South Australia, but will also have significant economic benefits.”
Repeated failures in SA since September have provoked a political fight over energy policy, accusing the failures of the federal government in the use of renewable technologies.
Following the most recent power outage in early February, the Australian energy market operator said there were many factors, including higher-than-expected demand.
Storing the battery through the network could help equalize price spikes, avoid power outages, and improve network reliability.
Tesla has recently completed the installation of an 80MWh battery battery grid in Southern California in just 90 days, expected at a cost of $ 100 million.
Tim Flannery, the Climate Council, said that South Australia was responsible for Australia’s transition to renewable energy technologies and storage.
“South Australia is addressing climate change and should be commended for its innovation and leadership because it transforms our energy system into clean, affordable, efficient and secure,” said Flannery.