Australia’s big battery slashes $40m from grid control costs in first year

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    • May 10, 2019 at 3:57 pm #30810
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        #News(General) [ via IoTForIndiaGroup ]

        South Australia’s big battery has outperformed expectations in its first year of operation, saving almost $40 million in grid stabilisation costs, helping prevent blackouts, and generally restoring confidence in energy supply in the state, according to French project backer Neoen, which is working on expanding its battery project line-up in Australia.

        The 100 megawatt Hornsdale battery, the idea for which sparked from a famed Twitter exchange between tech billionaires Mike Cannon-Brookes and Tesla’s Elon Musk, has had a huge impact in reducing prices in the grid stabilisation market,

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