Tesla’s CEO Elon Musk is ready to help Australia with its energy crisis, the American inventor intends to build world’s largest lithium-ion battery. The ‘historic’ deal with local energy company Neoen is almost done.
The world’s largest lithium-ion battery supposed to protect South Australia from the kind of energy crisis which famously blacked out the state. This useful initiative was supported by the Australian Premier Jay Weatherill.
Elon Musk, Tesla CEO, has confirmed his promise to build the world’s largest lithium-ion battery in Australia within 100 days or do it for free. Moreover, this unbelievable 100-megawatt (129-megawatt hour) battery should be ready by the end of 2017. In his statement in Adelaide on Friday, the engineer said:
“There is certainly some risk because this will be largest battery installation in the world by a significant margin,”
and added that “the next biggest battery in the world is 30 megawatts”.
Musk for Australian energy sector’s independence
Elon Musk and is the largest battery allow Australian energy sector to be independent – the Tesla battery paired with a Neoen wind farm is able to operate 24/7. Such a powerful energy farm will provide additional power during emergencies, the Australian government explained.
“It will completely transform the way in which renewable energy is stored, and also stabilise the South Australian network as well as putting downward pressure on prices,”
Premier Minister Weatherill said, adding that South Australia has suffered from blackouts since September last year, leading to a political spat over energy policy.