Navigation
Suscribe
Menu Search Facebook Twitter
Search Close
Menu ALL SECTIONS
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Digital
Prensa
Radio
TV
X
Newsletter
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers
Business

Tesla to Build Giant Battery in Australia Amid Energy Crisis 

South Australia has been scrambling to find a way to bolster its power grid since the entire state suffered a blackout during a storm last year

Tesla CEO Elon Musk talks about the development of the worlds biggest lithium-ion battery in Adelaide, Australia, Friday, July 07, 2017, photo: AAP/Ben Macmahon, via AP
2 weeks ago

SYDNEY – Tesla announced on Friday it will build the world’s largest lithium-ion battery in southern Australia, part of a bid to solve an energy crisis that has led to ongoing blackouts across the region.

Tesla will partner with French renewable energy company Neoen to build the 100-megawatt battery farm in South Australia state, with Tesla CEO Elon Musk promising to deliver the system within 100 days of signing the contract or it will be free. The billionaire entrepreneur originally made the 100-day pledge via Twitter in March, and he and South Australia’s government confirmed on Friday that the deadline was part of their official agreement.

“The system will be three times more powerful than any system on earth,” Musk told reporters in the state capital, Adelaide. “This is not like a minor foray into the frontier — this is like going three times further than anyone’s gone before.”

South Australia, which relies heavily on solar and wind-generated energy, has been scrambling to find a way to bolster its fragile power grid since the entire state suffered a blackout during a storm last year. Further blackouts plagued the state over the next few months.

The battery farm is part of a AU$550 million ($420 million) plan announced in March by South Australia Premier Jay Weatherill to make the state independent of the nation’s power grid. The Australian Energy Market Operator, which manages the national grid, has warned of potential shortages of gas-fired electricity across southeast Australia by late next year. The shortage is looming as Australia is expected to soon overtake Qatar as the world’s biggest exporter of liquid natural gas. Australia is also a major exporter of coal, which fires much of its electricity generation.


The South Australia battery will store energy from Neoen’s Hornsdale Wind Farm near Jamestown, about 200 kilometers (120 miles) north of Adelaide. It will deliver energy during peak usage hours to help maintain the state’s supply, and could power 30,000 homes, Tesla said.

“You can essentially charge up the battery packs when you have excess power and where the cost is very low, and it discharges when the cost of production is high — this lowers the average cost per hour to the customer,” Musk said. “It’s a fundamental efficiency improvement.”

The installation of the battery is expected to be complete by December. The cost of the project has not been released.

KRISTEN GELINEAU

Comments Whatsapp Twitter Facebook Share
More From The News
World

IMF Approves Conditional $1.8 Billion Lo ...

8 hours ago
Sports

Freeze Resigns as Ole Miss Football Coac ...

8 hours ago
World

Even with Trump Warning, Mueller Likely ...

8 hours ago
World

Son of Cecil the Lion Killed in Zimbabwe ...

9 hours ago
Most Popular

Mexico Announces New Laptop, Tablet Secu ...

By The Associated Press
Mexico

China Clamping Down on Use of VPNs to Ev ...

By The Associated Press
World

Even with Trump Warning, Mueller Likely ...

By The Associated Press
World

UAEM to Open More Schools in Outmost Reg ...

By The News
Mexico

Trump Accused of Real Estate Fraud in Ba ...

By The News
Mexico