Published: Sat, December 02, 2017
Research | By Jennifer Evans

The World's Biggest Lithium-ion Battery Launched in Australia on Friday

The World's Biggest Lithium-ion Battery Launched in Australia on Friday

Musk [pictured here] promised to build the 100-megawatt battery within 100 days of the contracts being signed at the end of September or hand it over to the South Australia state government for free.

Today is a big day for Tesla and the residents of South Australia, as the company has turned on its massive Powerpack battery at Neoen's Hornsdale wind farm.

The 129-megawatt-hour battery has garnered significant press for both its size and the nature by which it was acquired.

Tesla CEO Elon Musk boasted a year ago that he'd make the battery in 100 days or it's free, and he did it with more than a month to spare.

The battery is said to be capable of powering 30,000 homes, said Yuen Low, an analyst at Shore Capital.

"The world's largest lithium-ion battery will be an important part of our energy mix, and it sends the clearest message that South Australia will be a leader in renewable energy with battery storage", Weatherill told reporters on Thursday.

SA Premier Jay Weatherill at today’s launch
SA Premier Jay Weatherill at today’s launch

Jay Weatherill stated now, the South Australia is competing others in the rival of making renewable energy and it has made the history in the making.

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 past year.

In return, the South Australian Government will have the right to use the battery to prevent load-shedding blackouts.

Some have called the battery a "Hollywood solution", which likely stems from the flashy nature of the battery's creation in a country that does still rely partly on fossil fuels.

Supporters of the project say it will help stabilise the grid and provide "dispatchable renewable energy" in a region that now gets more than 40 percent of its electricity from wind energy.

One of Tesla's biggest rivals in the field is Hyundai Electric & Energy Systems, as its e-storage complex, twice as big as Tesla's, will be set up in South Korea early next year.

Like this: