Antinuclear

Australian news, and some related international items

Elon Musk to build South Australia’s big storage battery, as he promised earlier thisyear

Billionaire Elon Musk to build SA battery, –  on July 7, 2017 Billionaire entrepreneur Elon Musk will build the world’s biggest battery in South Australia and if it’s not finished in 100 days, it’s free. Mr Musk first made the bold promise in a Twitter exchange earlier this year, as debate raged over South Australia’s energy woes.

On Friday he said he will stand by the pledge, which has been written into the contract to construct the 100 megawatt lithium ion battery. It will be more than three times larger than any storage station anywhere in the world. “That’s what we said publicly, that’s what we’re going to do,” he told reporters in Adelaide.

Mr Musk’s company Tesla will partner with French renewable energy group Neoen to build the battery near Jamestown in South Australia’s mid-north.

It will be paired with Neoen’s existing Hornsdale Wind Farm to store energy, stabilise and bring added security to SA’s electricity grid, and put downward pressure on prices.

It forms a key part of the state government’s $550 million energy plan which was developed in response to last year’s statewide blackout.

The clock will start ticking on Mr Musk’s 100-day commitment once regulators approve the project, clearing it for grid connection. He said he was confident he could deliver on his promise but admitted the project was not without risk.

“This is not like a minor foray into the frontier. This is going three times further than anyone has gone before,” he said. “The technical challenges are those that come with scale. When you make something three times as big, does it still work as well?” the Tesla boss said. “We think it will, but there is some risk in that.”

Mr Musk said a failure to deliver the project on time would cost his group about $50 million, though the details of the contract have not been revealed.

Premier Jay Weatherill said both Tesla and Neoen were experts in energy security and the project would place SA as a world leader in the integration of renewable energy.

He expects the battery to be up and running in time for next summer. “Battery storage is the future of our national energy market and the eyes of the world will be following our leadership in this space,” he said.

Clean Energy Council spokeswoman Natalie Collard said the pioneering project would set a benchmark for the rest of Australia and the world to follow. “The South Australian government has again cemented its place as a world leader in renewable energy and we look forward to other states following their lead,” she said.”These kinds of projects have a huge role to play in modernising Australia’s energy system and enabling much higher levels of renewable energy.”

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July 7, 2017 - Posted by | South Australia, storage

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